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Tiggie's Dog Toys, Incorporated, reported a debt - to - equity ratio of 1 . 2 5 times at the end of the year. If

Tiggie's Dog Toys, Incorporated, reported a debt-to-equity ratio of 1.25 times at the end of the year. If the firm's total assets at year-end were $32.50 million, how much of its assets are financed with debt and how much with equity?
Note: Do not round intermediate calculations. Enter your answer in millions of dollars rounded to 3 decimal places.
\table[[Total debt,,million],[Total equity,,million]]
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