the answer is already there but could i possibly get the steps for both answers? thank you!

For the next fiscal year, you forecast net income of $48,100 and ending assets of $502,900 Your firm's payout ratio is 9.7 % Your beginning stockholders' equity is $299,100 and your beginning total liabilities are $119,900. Your non-debt liabilities such as accounts payable are forecasted to increase by $9,700 Assume your beginning debt is $100,700. What amount of equity and what amount of debt would you need to issue to cover the net new financing in order to keep your debt-equity ratio constant? The Tax Cuts and Jobs Act of 2017 temporarily allows 100% bonus depreciation (effectively expensing capital expenditures) However, we will still include depreciation forecasting in this chapter and in these problems in anticipation of the return of standard depreciation practices during your career. (Round to the nearest dollar) The amount of equity to issue will be $ 12,077 The amount of debt to issue will be S 18.689 (Round to the nearest dollar)