The most recent financial statements for the Sonia Inc. shows: sales of $88,000, costs of $65,000, taxable income of $23,000, tax of 40%, i.e. $9,200. Current Assets is $30,000, Fixed Assets $90,000, and Debt of $38,000. Dividend Pay Out ratio is given 40%. (MCQ No. 17, 18, 19 and 20 are related with this problem). (Show all work) 17. Calculate Net Income and Equity. a. Net Income $ 23,000, Equity $ 82,000 b. Net Income $ 23,000, Equity $ 120,000 c. Net Income $ 13,800, Equity $ 82,000 d. Net Income $ 13,800, Equity $ 120,000 18. Compute ROA and ROE. a. ROA 11.50% and ROE 16.83% b. ROA 11.50% and ROE 1.683% c. ROA 1.15% and ROE 16.83% d. ROA 1.15% and ROE 1.683% 19. What is the internal growth rate? a. 7.4114% b. 0.0741% c. 11.23% d. 0.1123% 20. What is the sustainable growth rate? a. 7.4114% b. 0.0741% c. 11.23% d. 0.1123%