Dan is the CEO of a company and is considering a new project that, if accepted, would add $3 million to the value of the company's equity. If Dan decides to proceed with the project, he realizes that he will have to work 15 extra hours each week for one year; the value to him of losing this leisure time is $134,000. Assume that his salary will not be adjusted to reflect this extra work and that the net benefit to him is his only consideration in deciding whether or not to proceed with the project. Complete parts (a) through (e) below. a. What would his decision be if he owned 100% of the company's equity? If Dan were to accept the project, his shareholdings would increase in value by \$ compared to if he were to reject the project. He would the new project. (Do not round until the final answer. Then round to the nearest dollar.) b. What would his decision be if he owned 1% of the company's equity? If Dan were to accept the project, his shareholdings would increase in value by $30000 compared to if he were to reject the project. He would the new project. (Do not round until the final answer. Then round to the nearest dollar.) c. What would his decision be if he owned 4% of the company's of $20,000 if the company's equity value was increased by $50,000 or more? If Dan were to accept the project, his monetary wealth (shareholdings plus bonus) would increase in value by $ compared to if he were to reject the project. He would the new project. (Do not round until the final answer. Then round to the nearest dollar.)