Tech Corp had gross sales of $9 million and total expenses of $8.5 million. Assume that Tech wants to undertake a capital investment of $1 million. What is the minimum amount of bonds it would have to...

Tech Corp had gross sales of $9 million and total expenses of $8.5 million. Assume that Tech wants to undertake a capital investment of $1 million. What is the minimum amount of bonds it would have to issue to do so? Assume that Tech pays out $300,000 in dividends. Now what is the minimum amount it would have to borrow?