The CEO of Heller Incorporated has tasked you with developing an asset financing plan for the organization. Consider the following information: $500,000 in current assets (20% permanent) $800,000 in capital assets The long-term interest rate is 10%, and the current short-term rate is 7.5%. The tax rate for Heller Incorporated is 40% Required: a. Calculate the net income under a conservative plan where capital assets and permanent current assets are financed by long-term debt, and temporary current assets are financed by short-term debt b. Calculate the net income under a more aggressive plan where capital assets and half of the permanent current assets are financed by long-term debt, and the rest of the assets are financed by short-term debt. c. Using the information in (b), calculate the difference in net income if the short-term interest rates increased to 13%.