Break-even EBIT (with taxes). Beta, Gamma, and Delta Companies are similar in every way except for their capital structures. Beta is an all-equity firm with $4,680,000 of value and 130,000 shares outstanding. Gamma is a levered firm with the same value as Beta, but $1,404,000 in debt at 5% and 91,000 shares outstanding. Delta is a levered firm with the same value as both Beta and Gamma with $ 2,808,000 in debt at 15% and 52,000 shares outstanding. What are the break-even EBITs for Beta and Gamma, Beta and Delta, and Gamma and Delta Companies if the corporate tax rate is 40% for all three companies?