Macbeth Spot Removers is entirely equity financed with values as shown below: Data Number of shares Price per share Market value of shares 2,900 $ 29 $ 84,100 Although it expects to have an income of $3,400 a year in perpetuity, this income is not certain. This table shows the return to stockholders under different assumptions about operating income. We assume no taxes. Outcomes 2,900 3,400 Operating income ($) 2,400 3,900 Suppose that Macbeth Spot Removers issues only $8,990 of debt and uses the proceeds to repurchase 310 shares. The interest rate on the debt is 9%. a. Calculate the equity earnings, earnings per share, and return on shares for each operating income assumption. (Input all values as a positive number. Round your "Earnings per share" answers to 2 decimal places. Enter your "Return on shares" answers as a percent rounded to 2 decimal places. Round the other answers to the nearest whole number.) Outcomes Operating income ($) Interest Equity earnings ($) Earnings per share ($) Return on shares (%)