SOLVED: Excerpts from TPX Company’s December 31, 2021 and 2020, financial statements are presented below: 1c2021 1c2020 Accounts receivable $ 83,000 $ 77,000 Inventory 90,000 78,000 Net sales 470,000 382,000 Cost of goods sold 263,000 223,000 Total assets 810,000 785,000 Total stockholders’ equity 500,000 440,000 Net income 73,000 54,000 TPX Company’s 2021 return on equity is: Round your answer to 1 decimal place