You currently own 700 shares of JKL, Inc. JKL is currently an all equity that has 800,000 shares of stock outstanding at a market price of $45 a share. The company's earnings before interest and taxes are $7.200,000 JKL recently decided to issue $3,600,000 of debt at 5 percent interest. This debt will be used to repurchase shares of stock Ignore taxes and answer the following two questions: Part A: What is JKL's target debt to asset ratio? Part B: How many shares of JKL stock must you sell to undo the leverage? Assume that you can loan out those funds at 5 percent interest