could you help me solve this problem

Clayton Industries has the following account balances. Current assets $ 29,000 Current liabilities $ 8,000 Noncurrent assets 71,000 Noncurrent liabilities 48,000 Stockholders' equity 44,000 The company wishes to raise $38,000 in cash and is considering two financing options: Clayton can sell $38,000 of bonds payable, or it can issue additional common stock for $38,000. To help in the decision process, Clayton's management wants to determine the effects of each alternative on its current ratio and debt-to-assets ratio. Required a-1. Compute the current ratio for Clayton's management. a-2. Compute the debt-to-assets ratio for Clayton's management. b. Assume that after the funds are invested, EBIT amounts to $19,600. Also assume the company pays $3,100 in dividends or $3,100 in interest depending on which source of financing is used. Based on a 30 percent tax rate, determine the amount of the increase in retained earnings that would result under each financing option