A corporation is totally equity financed with 34,000 common shares outstanding. The Board is considering a management proposal to borrow $180,000 at an 8% interest rate. The proceeds will be used to repurchase and retire 9,000 common shares. Ignore income taxes in your calculations. A What is the indifference EBIT? $55,900 $55,200 O$54,400 O$56,100 $53,200 B. If the EBIT is below the indifference point, which capital structure would maximize EBIT? Debt and equity Total equity