Your goal is to find debt and equity values (in dollars) for two companies: Steinberg company and Dietrich company. The required return is 10 percent for both companies. Both companies do not pay taxes on their income. Imagine a one-year time line for each company. In other words, Year 1 will be the last one. It is uncertain what the next year will look like for the two companies. It will depend on the economy: it may be expanding (80 percent likely scenario) or it may be falling into recession (20 percent likely scenario). Here's what will happen under each scenario for each company: If expansion takes place --- the earnings before interest and taxes will equal $3.3 million. If recession takes place the earnings before interest and taxes will equal $1.7 million. What is also known is that, in Year 1, Steinberg's creditors will expect to collect $960,000, and Dietrich's creditors will expect to collect $1.8 million. a-1.Calculate the current values of debt and equity for Steinberg company. (Do not round intermediate calculations and enter your answers in dollars, not millions of dollars, rounded to the nearest whole number, e.g., 1,234,567.) a- Now, what about the Dietrich company? (Do not round intermediate calculations 2. and enter your answers in dollars, not millions of dollars, rounded to the nearest whole number, e.g., 1,234,567.) b. "The total value of Steinberg should exceed the total value of Dietrich because Steinberg has a lower amount of debt, and therefore has a lower chance of bankruptcy." Do you agree or disagree with this?