You currently own 600 shares of JKL, Inc. JKL is currently an all equity that has 100,000 shares of stock outstanding at a market price of $40 a share. The company's earnings before interest and taxes are $800,000. JKL recently decided to 155ue$2,000,000 of debt at 12 percent interest. This debt will be used to repurchase shares of stock. Ignore taxes and answer the following two questions: Port A: What is JKL's target debt to asset ratio? % Pert B: How many shares of JKL stock must you sell to undo the leverage? Assume that vou can loan out those funds at 12 percent interest