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Haricot Corporation and Pinto Corporation both have operating profits of $ 1 3 0 million. Haricot is financed solely by equity, while Pinto has issued

Haricot Corporation and Pinto Corporation both have operating profits of $ $130$ million. Haricot is financed solely by equity, while Pinto has issued $ $180$ million of $8 %$ debt. If the corporate tax rate is $21 %$ :Required:How much tax does each company pay?What is the total payout to investors $($ debtholders plus shareholders $)$ of each company?

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