Please, try not to use Excel or any Computer to solve this problem. Use formulas, math, and written explanation to solve the problem. Make sure the answers are correct, well written, clear, and easy to understand. Thanks.

Synovec Company has a debt-equity ratio of 85. Return on assets is 7.3 percent, and total equity is $910,000. a. What is the equity multiplier? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) 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., 32.16.) c. What is the net income? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Answer is complete but not entirely correct. a. b. Equity multiplier Return on equity Net income 1.85 13.51 122,941.00 % C. $