The Following Information Is Available Regarding Grace Smit's Capital Account

Multiple Choice

The following information is available regarding Grace Smit's capital account in Enterprise Consulting Group, a general partnership, for a recent year: $\begin{array}{ll}\text { Beginning of the ye ar balance } & \$ 22,000 \\\text { Share of partnership income } & \$ 8,500 \\\text { Withdrawals made during the year } & \$ 6,000\end{array}$ What is Smit's partner return on equity during the year in question?

A) 34.7%
B) 55.7%
C) 10.8%
D) 36.6%
E) 11.4%