The Following Information Is from the Books of Eastern Corporation

The following information is from the books of Eastern Corporation.
$$\begin{array} { | l | r | } \hline \text { Net income } & \$ 170,000 \\\hline \text { Preferred dividends } & 24,000 \\\hline \text { Interest expense } & 17,500 \\\hline \text { Beginning of the year amounts: } & \\\hline \quad \text { Total assets } & 900,000 \\\hline \text { Total liabilities } & 375,000 \\\hline \text { Total common stockholders' equity } & 395,000 \\\hline \text { End of the year amounts: } & \\\hline \text { Total assets } & 930,000 \\\hline \text { Total liabilities } & 405,000 \\\hline \text { Total common stockholders' equity } & 435,000 \\\hline\end{array}$$ Which of the following is the return on equity for Eastern Corporation?

A) 35.9%
B) 33.4%
C) 30.3%
D) 35.2%