Could whoever does the problem please explain it as well or at least show the work you did to complete the problem please. I would really appreciate it. Thank you.

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 $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 12% annual interest, or (3) Expand and raise $180,000 from equity financing. Required For each of the three options, 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 - 3 Equity Financing Income before interest expense Interest expense Net income Equity Return on equity