You are trying to estimate the expected growth in net income at Metallica Corporation, a manufacturing firm that reported \($150\) million in net income in the just-completed financial year; the book value of equity at the beginning of the year was \($1\) billion. The firm had capital expenditures of \($160\) million, depreciation of \($100\) million, and an increase in working capital of \($40\) million during the year. The debt outstanding increased by \($40\) million during the year. Estimate the equity reinvestment rate and expected growth in net income.