Looking at Andrew's balance sheet, suppose they want to increase its leverage to 3.0 by issuing bonds to purchase plant and equipment. How much additional plant and equipment (in 000's) could it buy?

Group of answer choices

$143,826

$30,026

$67,959

$47,601

none of the above

Balance Sheet Survey Cash Accounts Receivable Inventory Total Current Assets Plant and equipment Accumulated Depreciation Total Fixed Assets Total Assets Accounts Payable Current Debt Long Term Debt Total Liabilities Common Stock Retained Earnings Total Equity Total Liabilities & Owner's Equity Andrews $3,434 $8,307 $8,617 $20,358 $113,800 ($37,933) $75,867 $96,225 $6,583 $0 $41,700 $48,283 $18,360 $29,582 $47,942 $96,225 Baldwin $0 $14,914 $25,931 $40.845 $177,400 ($76,903). $100,497 $141,342 $8,687 $12,555 $69,850 $91,092 $22,860 $27,391 $50,251 $141,342 Chester $15,756 $12,076 $5,044 $32,876 $124,100 ($33,454) $90,646 $123,523 $11,450 $7,550 $56,850 $75,850 $22,775 $24,898 $47,673 $123,523 Digby $3,605 $9,550 $3,491 $16.646 $122,200 ($40,920) $81,280 $97,926 $4,443 $10,000 $59,850 $74,293 $18,360 $5,273 $23,633 $97,926 Erie $52,632 $16,903 $3,473 $73,008 $193,600 ($71,416) $122,184 $195,192 $10,571 $21,830 $59,643 $92,044 $24,310 $78,839 $103,148 $195,192 Ferris $5,613 $4,576 $10,616 $20,804 $78,300 ($42,600) $35,700 $56,504 $3,463 $9,975 $16,308 $29,747 $19,119 $7,638 $26,757 $56,504 Income Statement Survey Sales Variable Costs (Labor, Material, Carry) Depreciation SG&A (R&D, Promo, Sales, Admin) Other (Fees, Write Offs, TQM, Bonus) EBIT Interest (Short term, Long term) Taxes Profit Sharing Net Profit Andrews $101,073 $72,513 $7,587 $8,978 $0 $11,996 $5,421 $2,301 $85 $4,189 Baldwin $181,452 $126,204 $11,827 $16,506 $8,542 $18,374 $11.655 $2,352 $87 $4,280 Chester $146,924 $97,063 $7,207 $23,660 $2,817 $16,177 $8,303 $2,756 $102 $5,016 Digby $116,188 $67,263 $7,787 $25,405 $3,500 $12,233 $9,242 $1,047 $39 $1,905 Erie $205.657 $125,553 $12,907 $7,027 $284 $59,886 $10,194 $17,392 $646 $31,654 Ferris $55,675 $43,105 $5,220 $9,381 $36 ($2,067) $3,428 ($1,923) $0 ($3,572) Page 3 Production Analysis CAPSTONE COURIER