Albany Golf Equipment is analyzing three ditterent tinancng rh newly formed subsidiary. The plans are described as follows: PLAN C PLAN A PLAN Common stock: $100,000 Bonds at 9 S20.000 Common stock: 80,000 Preferred stock at 9: $20,000 Common stock 80,000 In all cases, the common stock will be sold to net Albany S10 per share. The subsidiary is expected to generate an average EBIT per year of S22,000. The management of Albany places great emphasis on EPS performance. Income is tased at a 50 percent rate. a. Where feasible, find the EBIT indifference levels between the alternatives. b. Which financing plan do you recommend that Albany pursue?