Can you please solve this exercise? Thank you so much

30. Suppose a company has no debt and its market value is 162,500 dollars. The directors decided to issue perpetual debt whose market value is $ 100,000 and use the funds to buy shares. Such debt issuance assumes that there is a 30 percent probability of bankruptcy within four years. In this case, the estimated bankruptcy costs could amount to 140,000 dollars. The discount rate is 10 percent and the corporate tax 35%. What is the value of the company after the debt issue? a. 187,500 $ b. 288,813 $ C. 297,500 $ d. 168,813 $