(Adjusting a firm's capital structure) Curley's Fried Chicken Kitchen operates two southern cooking restaurants in St. Louis, Missouri, and has the following financial structure: The firm is considering an expansion that would involve raising an additional $2.0 million. a. What are the firm's debt ratio and interest-bearing debt ratio in its present capital structure? b. If the firm wants to have a debt ratio of 50 percent, how much equity does the firm need to raise in order to finance the expansion? - X Data Table Accounts payable Short-term debt Current liabilities Long-term debt Owner's equity Total $100,000 400,000 $500,000 2,000,000 1,500,000 $4,000,000