Problem 6-12 Matching asset mix and financing plans (L06-3] Colter Steel has $4,750,000 in assets. Temporary current assets Permanent current assets Fixed assets Total assets $1,500,000 1,525,000 1,725,000 $4,750,000 Short-term rates are 11 percent. Long-term rates are 16 percent. Earnings before interest and taxes are $1,010,000. The tax rate is 30 percent. If long-term financing is perfectly matched (synchronized) with long-term asset needs, and the same is true of short-term financing, what will earnings after taxes be? Earnings after taxes