Suppose the initial $91,325 is instead raised by borrowing at the risk-free interest rate. What are the cash flows of the levered equity, what is its initial value and what is the initial equity according to MM?

The cash flows of the levered equity and its initial values according to MM are: (Round to the nearest dollar.)

	Date O	Date 1
	Initial Value	Cash Flow Strong Economy	Cash flow Weak Economy
Debt	$91,325	$114,156	$114,156
Levered Equity	$30,404	$	$