No Toxic-Toys currently has $450.000 of equity and is planning an $180,000 expansion to meet increasing demand for its product. The company currently earns $157,500 in net income, and the expansion will yield $78,750 In additional income before any interest expense The company has three options (1) do not expand. 2) expand and Issue $180,000 in debt that requires payments of 9% annual Interest, or (3) expand and raise $180,000 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.) 1 2 Don't Expand Debt Financing Equity Financing Income before interest expense Interest expense Net income Equity Return on equity