Check my work Montclair Company is considering a project that will require a $560,000 loan it presently has total liabilities of $190,000 and total assets of $650.000 1. Compute Montclair's (a) current debt-to-equity ratio and the debt-to-equity ratio assuming it borrows $560,000 to fund the project 2. If Montclair borrows the funds, does its financing structure become more or less risky? Dool Choose Numerator: Choose Denominator Debt-to-Ecuity Ratio 1.b) If Mondar borrows the funds, does its financing structure become more On January 1, 2019, Shay Company issues $330.000 of 12%, 15-year bonds. The bonds sell for $320,100. Six years later, on January 1, 2025, Shay retires these bonds by buying them on the open market for $344,850. All interest is accounted for and paid through December 31, 2024, the day before the purchase. The straight-line method is used to amortize any bond discount 1. What is the amount of the discount on the bonds at issuance? 2. How much amortization of the discount is recorded on the bonds for the entire period from January 1, 2019, through December 31, 2024? 3. What is the carrying (book) value of the bonds as of the close of business on December 31, 2024? 4. Prepare the journal entry to record the bond retirement Complete this question by entering your answers in the tabs below. Req 1 and 2 1. What is the amount of the discount on the bonds at issuance? 2. How much amortization of the discount is recorded on the bonds for the entire period from January 1, 2019, through December 31, 2024