You are an investor in Borrow$-$Happy Ltd$.,$ which has a debt$-$equity ratio of $3$:$1.$

Though you have had a good experience thus far, you are influenced by an

expert's advice published in media and decide to move your investment to a firm

called Equity$-$Safe Inc. which is completely equity financed. You will do this

by selling off your shares worth $$35,000$ and use the sales proceeds to partly

finance your share purchase in the new firm. If you wish to retain the same

earnings that you enjoyed with Borrow$-$Happy Ltd$.$ how many dollars$$ worth of

shares you will need to buy in Equity$-$Safe Inc.? Provide supporting computations

to your response.