Nighthawk Steel, a manufacturer of specialized tools, has $5,450,000 in assets. Temporary current assets Permanent current assets Capital assets $2,900,000 1,595,000 955,000 Total assets $5,450,000 Short-term rates are 7 percent. Long-term rates are 12 percent. (Note that long-term rates imply a return to any equity). Earnings before interest and taxes are $1,150,000. The tax rate is 20 percent. If long-term financing is perfectly matched (hedged) with long-term asset needs, and the same is true of short- term financing, what will earnings after taxes be? What is the total long term debt interest expense? Choose... $203,000 What is the earnings after tax? $284,000 What is the total short term debt interest expense? $272,000 $306,000 $512,000 $384,000