A Hong Kong firm has a debt-equity ratio of 65 %, a total asset turnover of 1.41, and a profit margin of 8.9 %. The total equity is $673,500. What is the amount of the net income? Show calculations in detail

Harmohit collects old model cars. One model increases in value at a rate of 8.5% per year. Today, the model is worth $1,780. How much additional money can Harmohit make if she waits 4 years to sell the model rather than selling it 2 years from now? Show calculations in detail.