Check my work 1 No-Toxic-Toys currently has $410,000 of equity and is planning an $164,000 expansion to meet increasing demand for its product. The company currently earns $61,500 in net income, and the expansion will yield $30,750 in additional income before any interest expense. 0.37 points The company has three options: (1) do not expand, (2) expand and issue $164,000 in debt that requires payments of 11% annual interest, or (3) expand and raise $164,000 from equity financing. For each option, compute (a) net income and (b) return on equity (Net Income = Equity). Ignore any income tax effects. (Round "Return on equity" to 1 decimal place.) eBook 1 2 3 Print Don't Expand Debt Financing Equity Financing References Income before interest expense Interest expense Net income Equity Return on equity 25.0: % % %