1. Van Inc is an all-equity firm with 10,000 shares of stock outstanding. The market value per share is $20. The CFO is recommending issuing $80,000 of debt. The interest rate on debt is 15%. a. Given the different EBIT given below, calculate net income, ROE, and EPS with its current capital structure and under CFO's proposal. b. Determine the indifferent EBIT \& its EPS for Van Inc. Explain the capital structure preferences with respect to the indifferent EBIT