Use this information for Kellman Company to answer the question that follow.

The balance sheets at the end of each of the first two years of operations indicate the following:

Kellman Company
	Year 2	Year 1
Total current assets	$601,300	$554,700
Total investments	65,500	53,500
Total property, plant, and equipment	885,600	794,300
Total current liabilities	108,600	83,300
Total long-term liabilities	290,300	225,400
Preferred 9% stock, $100 par	83,400	83,400
Common stock, $10 par	574,200	574,200
Paid-in capital in excess of parCommon stock	66,300	66,300
Retained earnings	429,600	369,900

Using the balance sheets for Kellman Company, if net income is $115,700 and interest expense is $34,900 for Year 2, what is the return on total assets for the year (rounded to two decimal places)?

a.8.25%

b.5.47%

c.10.19%

d.7.45%