Can you please solve the problem below and explain and show the calculation. Thank you

6. Seattle Health Plans currently uses zero debt financing. Its operating income {EEITII$1 million, and it pays taxes at a 40 percent rate. It has $5 million in assets and because it is all equity financed $5 million in equity. Suppose the firm is considering replacing half of its equity financing with debt financing bearing an interest rate of 3 percent. a. b. E. at impact would the new capital structure have on the firm's net income, total dollar return to investors, and ROE? Redo the analysis, but now assume the debt financing would cost 15 percent? Return to the initial 8 percent interest rate. Now, assume that EEIT could be as low as $500,000 (with aprobability of 20 percent) or as high as $1.5 million (with aprobability of 20 percent). There remains a 60 percent chance that EEIT would be $1 million. Redo the analysis for each level ofEEIT, and find the expected values for the firm's net income, total dollar return to investors, and ROE. 'What lessons about capital structure and risk does this illustration provide? Repeat the analysis required for Part a, but now assume the Seattle Health Plans is anotforprofit corporation and hence pays no taxes. lCompare the results with those obtainedin Part a