31. Which of the following statements is NOT correct? a. Probability of bankruptcy will increase if a firm uses too much debt. b. In the case liquidation or reorganization, a firm may pay substantial amount of legal and administrative expenses. c. Indirect costs of financial distress could be generated by impaired ability of a firm to conduct business. d. Conflict of interest between shareholders and bondholders may occur when a firm is approaching bankruptcy. e. Interests of shareholders and bondholders are always aligned