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 eams $90,000 in net income, and the expansion will yield $45,000 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 12% 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. Note: Round "Return on equlty" to 1 declmal place. 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 eams $90,000 in net income, and the expansion will yield $45,000 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 12% 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. Note: Round "Return on equlty" to 1 declmal place