Brandon Corporation Currently Has Total Shareholders' Equity of $400,000 and Debt

Brandon Corporation currently has total shareholders' equity of $400,000 and debt of
$100,000.The debt has an interest rate of 6% and Brandon's tax rate is 25%.Net income for last year was
$32,000.Brandon is thinking about borrowing another $50,000 and paying out a large one-time dividend to its shareholders.
Required:
A) What is Brandon's current debt-to-equity ratio? B) What is Brandon's current ROE?
C) If Brandon borrows to pay the dividend, what would its debt-to-equity ratio be? D) If Brandon borrows to pay the dividend, what would its ROE be?
E) If you were a shareholder of Brandon, what would you want management to do? Why? F) Are there are risks to the plan?