Use the following information to answer this question. Bayside, Incorporated Net sales Cost of goods sold...

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Use the following information to answer this question. Bayside, Incorporated Net sales Cost of goods sold 2022 Income Statement (in millions) $ 5,990 4,250 405 Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $1,335 32 $ 1,303 391 $ 912 2021 2022 Cash $ 120 $ 225 Accounts receivable 1,010 850 Bayside, Incorporated 2021 and 2022 Balance Sheets (in millions) Accounts payable Long-term debt 2021 2022 $ 1,605 $ 1,545 820 620 Inventory 1,725 2,050 Common stock 3,260 3,290 Total $ 2,855 $ 3,125 Retained earnings 890 1,140 Net fixed assets 3,720 3,470 Total assets $ 6,575 $6,595 Total liabilities & equity $ 6,575 $6,595 What is the return on equity for 2022? Use the following information to answer this question. Bayside, Incorporated Net sales Cost of goods sold 2022 Income Statement (in millions) $ 5,990 4,250 405 Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $1,335 32 $ 1,303 391 $ 912 2021 2022 Cash $ 120 $ 225 Accounts receivable 1,010 850 Bayside, Incorporated 2021 and 2022 Balance Sheets (in millions) Accounts payable Long-term debt 2021 2022 $ 1,605 $ 1,545 820 620 Inventory 1,725 2,050 Common stock 3,260 3,290 Total $ 2,855 $ 3,125 Retained earnings 890 1,140 Net fixed assets 3,720 3,470 Total assets $ 6,575 $6,595 Total liabilities & equity $ 6,575 $6,595 What is the return on equity for 2022?