Last year. Arbor Corporation reported the following: Balance Sheet Total Assets Total Liabilities Total Shareholders' Equity $950,000 600,00 $350,000 This year. Arbor is considering whether to issue more debt to fund a $100.000 project or to issue additional shares of common stock. Both options will bring in exactly $100.000. Arbor's current debt contracts contain a debt covenant that requires it to maintain a debt- to-equity ratio of 200 or less. Required: 1. Calculate Arbor's current debt-to-equity ratio. (Round your answer to 2 decimal places.) Current debt-to-equity ratio 2 Calculate Arbor's debt-to-equity ratio assuming it funds the project using additional debt. (Round your answer to 2 decimal places.) Debt-to-equity ratio 3. Calculate Arbor's debt-to-equity ratio assuming it funds the project by Issuing common stock. (Round your answer to 2 decimal places.) Debt-to-equity ratio