I need my work checked to make sure I am doing the calculations correctly. I have marked everything I have done in red. I also need help with finding the first row in the last table. Thanks for the help!

You need to raise $1,200,000 to start your sandwich business and plan to liquidate the assets in 1 year. You are considering 3 different capital structures based on a borrowing rate of 5%. A: 0% debt, 100% equity B: 40% debt, 60% equity C: 80% debt, 20% equity Fill in the following tables for the 3 different ending asset values at time 1. Value of Debt at Time 1 Asset Value at Time ! D/E $720,000 $1,320,000 $1,560,000 0/100 SO $0 $0 40/60 $302,400 $554,400 $908,800 80/20 $604,800 $1,108,800 $1,310,400 Value of Equity at Time 1 Asset Value at Time ! D/E $720,000 $1,320,000 $1,560,000 0/100 $720,000 $1,320,000 $1,560,000 40/60 |$417,600 $765,600 $655,200 80/20 $115,200 $211,200 $249,600 Return on Equity Asset Value at Time ! D/E $720,000 $1,320,000 $1,560,000 0/100 40/60 -3.33% -3.33% -2.90% 80/20 -20% -20% |-20% You need to raise $1,200,000 to start your sandwich business and plan to liquidate the assets in 1 year. You are considering 3 different capital structures based on a borrowing rate of 5%. A: 0% debt, 100% equity B: 40% debt, 60% equity C: 80% debt, 20% equity Fill in the following tables for the 3 different ending asset values at time 1. Value of Debt at Time 1 Asset Value at Time ! D/E $720,000 $1,320,000 $1,560,000 0/100 SO $0 $0 40/60 $302,400 $554,400 $908,800 80/20 $604,800 $1,108,800 $1,310,400 Value of Equity at Time 1 Asset Value at Time ! D/E $720,000 $1,320,000 $1,560,000 0/100 $720,000 $1,320,000 $1,560,000 40/60 |$417,600 $765,600 $655,200 80/20 $115,200 $211,200 $249,600 Return on Equity Asset Value at Time ! D/E $720,000 $1,320,000 $1,560,000 0/100 40/60 -3.33% -3.33% -2.90% 80/20 -20% -20% |-20%