Assume that Rubberman Corporation has the following income statement for year $2019$: EBITDA $=$ $$22$ million $-$Depreciation $ $2$ million $-$ Interest $ $4$ million EBT $=$ $$16$ million $-$ Taxes $=$ $ $6\mathrm{.}40$ million Net Income $=$ $ $9\mathrm{.}60$ million The change in non$-$cash working capital in $2019$ is $10$ million. Capital expenditure during the year is $5$ million. a$.$ What would be the FCFF and FCFE if the firm issues $8$ million new debt during the year and retires $2$ million old debt? b$.$ What would be the FCFF and FCFE if the firm maintains a constant debt ratio of $40\%?$ c$.$ Suppose that the firm maintains a constant debt ratio of $40\%,$ how would you assess the firm$$s dividend policy if: $($a$)$ it pays out dividend of $2$ million; $($b$)$ it pays out dividend of $0\mathrm{.}5$ million?