Green Foods 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.

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.