A company currently has $255,000$ of equity and is planning $105,000$ expansion. The company currently earns $76,500$ in net income and the expansion will yield $40,000$ in additional income before any interest expense. The company is considering three separate options. One do not expand two expand an issue $105,000$ in debt that requires payments of $14\%$ annual interest or three expand and raise $105,000$ from equity financing for each option compute a net income, and be returned on equity.