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The Ellis Corporation has heavy lease commitments. Prior to SFAS No. 13, it merely footnoted lease obligations in the balance sheet, which appeared as follows: Use Appendix D for an approximate answer but calculate your final answer using the formula and nancial calculator methods. In $ millions In $ millions Current assets $ 75 Current liabilities $ 35 Fixed assets 75 Long-term liabilities 20 Total liabilities $ 55 Stockholders' equity 95 Total assets $ 150 Total liabilities and stockholders' equity $ 150 The footnotes stated that the company had $15 million in annual capital lease obligations for the next 15 years. a. Discount these annual lease obligations back to the present at a 11 percent discount rate. (Do not round intermediate calculations. Round your answer to the nearest million. Input your answer in millions of dollars (e.g., $6,100,000 should be input as "6").) PV of lease obligations _m b. Construct a revised balance sheet that includes lease obligations. (Do not round intermediate calculations. Round your answers to the nearest million. Input your answer in millions of dollars (e.g., $6,100,000 should be input as "6").) Current assets 75 Leased property under capital lease Total liabilities Stockholders' equity Total assets 0Total liabilities and Stockholders' equity c. Compute the total debt to total asset ratio for the original and revised balance sheets. (Input your answers as a percent rounded to 2 decimal places.) __I __I __I d. Compute the total debt to total equity ratio for the original and revised balance sheets. (Input your answers as a percent rounded to 2 decimal places.)