Scribe Company,a Manufacturer of Writing Instruments,provides the Following Financial Information

Scribe Company,a manufacturer of writing instruments,provides the following financial information: $$\begin{array} { | l | r | r | } \hline & \text { Pen Division } & \text { Pencil Division } \\\hline \text { Operating income } & \$ 100,000 & \$ 40,000 \\\hline \text { Net sales } & \$ 450,000 & \$ 200,000 \\\hline \text { Total assets at Jan. 1 } & \$ 560,000 & \$ 255,000 \\\hline \text { Total assets at Dec . 31 } & \$ 600,000 & \$ 275,000 \\\hline\end{array}$$ Calculate the return on investment for the Pencil Division.(Round your answer to two decimal places.)

A) 17.24%
B) 15.09%
C) 15.69%
D) 14.55%