icks Health Clubs, Incorporated expects to generate an annual EBIT of $506,000 and needs to obtain financing for $1,010,000 of assets. Its tax bracket is 39%. If the firm uses short-term debt, its rate will be 7.0%, and if it uses long-term debt, its rate will be 8.0%. By how much will their earnings after taxes change if they choose the more aggressive financing plan instead of the more conservative plan? Note: Amounts in parentheses indicate negative value. Multiple Choice $11,161 ($6,161) ($11,161) $6,161