This is all under 1 question. I already know that the first step is 18.13%, I have added it for context to the rest of the question as it has the starting information.

Companies that use debt in their capital structure are said to be using financial leverage. Using leverage can increase shareholder returns, but leverage also increases the risk that shareholders bear. Consider the following case: Newtown Propane is a small company and is considering a project that will require $600,000 in assets. The project will be financed with 100% equity. The company faces a tax rate of 25%. What will be the ROE (return on equity) for this project if it produces an EBIT (earnings before interest and taxes) of $145,000? 18.13% 13.60% 10.88% 14.50% What will be the project's ROE if it produces an EBIT of $60,000 and it finances 50% of the project with equity and 50% with debt? When calculating the tax effects, assume that Newtown Propane as a whole will have a laroe, positive income this year. First blank: decrease or increase Second blank: decrease or increase Third blank: decrease or increase Fourth blank: higher or lower Fifth blank: an aggressive or a conservative