Rackin Pinion Corporation's assets are currently worth $1,060. In one year, they will be worth either $1,020 or $1,310. The risk-free interest rate is 4 percent Suppose the company has an outstanding debt issue with a face value of $1,000. a.What is the value of the equity? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Equity value b-1. What is the value of the debt? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)