For Industry C, Frenza is planning a $224,000 expansion to launch a new product line. Frenza currently earns $140,000 in net income, and the new product line will yield $70,000 in additional income before any interest expense. Frenza has three options: (1) do not expand, (2) expand and issue $224,000 in debt that requires payments of 8% annual interest, or (3) expand and raise $224,000 from equity financing. For each option 1,2 , and 3 , 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.) Importantl Be-sure to click the correct Industry at the top of the dashboard. For Industry C, Frenza is planning a $224,000 expansion to launch a new product line. Frenza currently earns $140,000 in net income, and the new product line will yield $70,000 in additional income before any interest expense. Frenza has three options: (1) do not expand, (2) expand and issue $224,000 in debt that requires payments of 8% annual interest, or (3) expand and raise $224,000 from equity financing. For each option 1,2 , and 3 , 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.) Importantl Be-sure to click the correct Industry at the top of the dashboard