Problem 6-13 Impact of term structure of interest rates on financing plans (L06-4] Colter Steel has $4.950,000 in assets. Temporary current assets Permanent current assets Fixed assets Total assets $ 1,900,000 1,545,000 1.505,000 $ 4,950,000 Assume the term structure of interest rates becomes inverted, with short-term tates going to 10 percent and long-term rates 4 percentage points lower than short-term rates. Earnings before interest and taxes are $1.050,000. The tax rate is 40 percent. 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? Answer is complete but not entirely correct. Earnings after taxes 460 380