How to calculate question c ? It is difficult for me to do it. Thank you!

Consider a project with free cash llows in one year of $147 215 in a weak market or $191 572 in a strong market. with each outcome being equally likely. The initial investment required for the project is $110 000. and the project's unlevered cost of capital is 16%. The risk-tree interest rate is 12% (Assume no taxes or distress costs.) a. What is the NW of this project? I). Suppose that to raise the funds for the initial investment. the project is sold to investors as an all-equity firm. The equity holders will receive the cash llows of the project in one yeart Haw much money can be raised in this waythat is. what is the initial market value of the unlevered equity? c. Suppose the initial $110 000 is instead raised by borrowing at the risk-tree interest rate. What are the cash ows of the levered equity in a weak market and a strong market at the end of year 1, end when is iis' itial market value at the levered equity according to MM? a. The NPV is 5 36029 . (Round to the nearest dollar.) b. The initial market value of the unlevered equity is s 146029 . (Round to the nearest dollan) c. The cash ows of the levered equity in a weak market and a strong market at the end of year 1. and the initial market value of the levered equity according to MM is: (Round (0 the nearest dollar.) Date 0 Date 1 Initial value cash ow Itrong economy (3th mm weak economy Debt $1 10 000 5 5 Levered equity 5 5 5