Crawler Company's Net Income Last Year Was $80,000

Multiple Choice

Crawler Company's net income last year was $80,000.The company paid dividends on preferred shares of $10,000,and its average common shareholders' equity was $400,000.The company's return on common shareholders' equity for the year was closest to which of the following?

A) 2.5%.
B) 17.5%.
C) 20.0%.
D) 22.5%.