The firm maces expects cash flows in one years time of $90 million if the economy is in a good state or $40 million if it is in a bad state. Both states are equally likely. The firm also has debt with face value $65 million due in one year. maces is considering a new project that would require an investment of $30 million today and would result in a cash flow in one years time of $47 million in the good state of the economy or $32 million in the bad state. Investors are all risk neutral and the risk free rate is zero. What are the expected values of the firm's equity and debt without the new project?