Synovec Company has a debt$-$equity ratio of $\mathrm{.}85.$ Return on assets is $10\mathrm{.}4$ percent, and

total equity is $$785,000.$

a$.$ What is the equity multiplier? $($Do not round intermediate calculations and round

your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

b$.$ What is the return on equity? $($Do not round intermediate calculations and enter

your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

c$.$ What is the net income? $($Do not round intermediate calculations.$)$

Answer is complete but not entirely correct.