The patterson Hale Trucking Company needs to expand it fleet by 90% to meet the demands of 2 major contracts, the cost of expansion is estmated to be $15 million. PHT maintains a 30 % debt ratio and pays out 90% of its earnings in common stock dividends each year. A) If PHT earns $4 million next year, how much common stock will the firm need to sell in order to maintain its target capital structure? ________ million, round 2 decimal places. b) If PHT wants to avoid selling any new stock but wants to maintain a constant dividend payout % of 90%, how much can the firm spend on new capital expenditures? _________million, round 2 decimal places.