5. Problem 13.13 (Financing Alternatives) book The Severin Company plans to raise and mount of $20 million to finance new equipment in early 2020. Two alternatives are being consigure common stock may be sold to net 500 per share or bonde yeding 11 may be ord. The balance sheet and income statement of the Seven Company prior to financing are as follows: The Severn Company Balance Sheets of December 31, 2019 (millions of dollars) Current sets $900.00 Notes payable 255.00 sette 450.00 internet (N) 695.00 Common stock 81 par 60.00 Retained earnings 140.00 19.310.00 Total oblities and equity 1.350.00 The Severn Company Income Statement for Year Ended December 31, 2019 (millions of dollars) Sales 12.475.00 Operating costs 3,227.50 aming before interest and 24750 (10) themden 12.50 Interest on long term det 465 Carins before 125.5 redelusta 4634 Net inom 19.01 The probability tribution for alle foto Annual Sales (Millions of Probability Dollars) 0.0 3.700 010 2.21 3,110 Assuming that I was 15% of escalate earrings per share (EPS) under the destinanong and the stock trading alternatives at each posible sales tevel write ove your anower completely. For exam, 0.00013 million should be entered 130. Do not round intermediate calculation. Hound your answers to the warescent Annual Sales EPS under EPS under (Millions of dollars) the debt financing the stock financing 2.250 Z 2.700 3.150 e expected es under both one and stock financing ternatives write out your answer completely. Per ca. 000013 million should be entered at 130. De noe round intermediate calculations found your answers to the nearest cent Expected to be the date tinanong si Expected EPS under the mock trading's Calculate the under both one and stock trancing turnative Write out your newer completely. For example, 0.00013 million should be entered a 130. Do not round 0 termediate atestemomRound you were to the nearest is the bitnancing under the working Get the timesta) to the spectreachave the wild debt will remain utan Notes Deble should be included in both the mentor and the denominator of the debt-to-capitalis] Do not found ate calculations found your two decimal place y Under the entrance The det Tune interest Under the stock and The debate Teterest who do you recommend