Based on the Selected Financial Information Shown Below, Calculate the Return

Short Answer

Based on the selected financial information shown below, calculate the return on equity for year 2. Round to two decimal places.
Year 1 Year 2
Total assets $1,200,000 $1,300,000
Total shareholders' equity $760,000 $800,000
Sales $5,000,000 $5,500,000
Net Income $200,000 $225,000