Break-even EBIT (with and without taxes). Alpha Company is looking at two different capital structures, one an all-equity firm and the other a levered firm with $0.8 million of debt financing at 16% interest. The all-equity firm will have a value of $4 million and 400,000 shares outstanding. The levered firm will have 320,000 shares outstanding. a. Find the break-even EBIT for Alpha Company using EPS if there are no corporate taxes. b. Find the break-even EBIT for Alpha Company using EPS if the corporate tax rate is 40%. c. What do you notice about these two break-even EBITs for Alpha Company? a. What is the break-even EBIT for Alpha Company using EPS if there are no corporate taxes? $ (Round to the nearest dollar.) b. What is the break-even EBIT for Alpha Company using EPS if the corporate tax rate is 40% ? $ (Round to the nearest dollar.) c. What do you notice about these two break-even EBITs for Alpha Company? (Select from the drop-down menu.) The addition of a tax rate the break-even point on the company EBIT as the tax rate impacts both the all-equity firm and the levered firm