Question 1 (8 marks) TreadLess is a large Australian shoe company that manufactures shoes. TreadLess has performed well recently, significantly exceeding its cost of equity of 14%, over the past three years. Consequently, Jen Wright, CEO of TreadLess would now like to expand the company. The following 2022 information has been extracted from the accounting system of TreadLess: TreadLess 2022 ($) Net profit after interest and tax 30,000 Interest expense 10,000 Research and development (R&D) 16,000 Shareholder's equity 100,000 Short term debt 70,000 Long term debt 20,000