All steps please

10. Three financing plans are available for Texas Manufacturing which needs Rs. 10,00,000 for construction of a new plant. Texas wants to maximize EPS. Currently the equity share is selling for Rs. 30 per share. The EBIT resulting from the plant operation is Rs. 1,50,000 p.a. The marginal tax rate is 30%. Money can be borrowed at the rates indicated below: Upto Rs. 1,00,000 @ 10% Over Rs. 1,00,000 to Rs. 5,00,000 @ 14% Over Rs. 5,00,000 @ 18%. The three financing plans are: Plan A-Use 1,00,000 debt; expected EBIT Rs. 2,50,000 Plan B -Use 3,00,000 debt; expected EBIT Rs. 3,50,000 Plan C-Use 6,00,000 debt; expected EBIT Rs. 5,00,000. Determine EPS for these three plans and indicate the plan which results in highest EPS