Blow Your Horn Currently has $4,200,000 in total assets. Of that amount, Capital Assets are worth $1,200,000 and current assets are worth $3,000,000. Current assets remain at that level for 8 months. They drop to $2,000,000 for 4 months. The following additional information has been provided.

- EBIT( earnings before interest and taxes) are 969,000

- The tax rate is 30%

- Any long-term financing is split evenly (50:50) between long-term debt and equity.

- Interest rates on short-term debt are 5%

- Interest rates on long-term debt are 8%.

A. Provide the following break-down of the asset mix:

Assets	for 8 months	for 4 months
Temporary current assets
Permanent current assets
Capital assets
Total Assets

B. Assuming the firm is perfectly hedged, provide following break-down of the financing mix:

Liabilities and Shareholder's Equity	for 8 months	for 4 months
Short-term debt
Long-term debt
Shareholder's Equity
Total Liabilities and SHE

C. Calculate expected EPS if the firm is perfectly hedged and has issued 160,000 shares to shareholders.

E.P.S=