Intro NiteLate Inc. had revenue of $180,000 last year, costs of $108,000 and depreciation of $27,000. The company paid 5.6% interest on its debt, and its average tax rate is 0.25. NiteLate paid out $18,000 in dividends, and wants to maintain the same dividend payout ratio in the future. At the beginning of the year, the company had a book value of debt of $34,000 and a book value of equity of $57,000. Over the course of the year, no debt or equity was newly issued or retired. IB Attempt 1/10 for 10 pts. Part 1 What was net income last year (in $)? No decimals Submit IB | Attempt 1/10 for 10 pts. Part 2 What is the sustainable growth rate? 3+ decimals Submit Part 3 1 | Attempt 1/10 for 10 pts. How much does the company have to newly borrow to keep a constant debt/equity ratio (in $)? No decimals Submit Part 4 18 Attempt 1/10 for 10 pts. What rate of growth is sustainable without any additional borrowing (internal growth rate)? 3+ decimals Submit