What is ROE (2021e) calculated by data below. Income Statement (Millions of S) 2021e Balance Sheet (Millions of S) 2021e 2020 Assets Cash and securities $2,200 $2,000 Accounts receivable $11,200 $11,000 Inventories $15,000 $14,000 Total current assets $28,400 $27,000 Gross Fixed Asset $48,000 $45,500 Net plant and equipment $45,000 $41.500 Total assets $73,400 $68,500 Net sales $93,20 Operating costs except Dep & Amo $81,81 Depreciation & Amortization $3,00 Earnings before interest and taxes (EBIT) $8,38 Less interest $1,37 Earnings before taxes (EBT) $7,01 Taxes $2,804.2 Net income $4,207 Other data: Liabilities and Equity (Millions of S) Accounts payable $9,000 $7,500 Notes payable 6,000 6,000 Accruals 5,000 5.000 Total current liabilities $20,000 $18,500 Long-term bonds $18.400 $18,000 Total liabilities $38,400 $36,500 Common stock $4,000 $4,000 Retained earnings $31,000 $28,000 Total common equity $35,000 $32,000 Total liabilities and equity $73.400 $68,500 Shares outstanding (millions) Common dividends (millions) After-tax cost of capital Federal plus state income tax rate Year-end stock price 50 $1,207.2 10.000 40.009 $35.0 Select one: 11.02% 10.02% 12.02% 14.02% 13.02%