Can someone please help me solve this?

P15-12 (similar to) Question Help Related to Checkpoint 15.2) (EBIT-EPS analysis) Abe Forrester and three of his friends from college have interested a group of venture capitalists in backing their business idea. The proposed operation woul consist of a series of retail outlets to distribute and service line of vacuum cleaners and accessories. These stores would be located in Dallas, Houston, and San Antonio. To finance the new venture two plans have been proposed . Plan A is an all.common-equity structure in which $2.2 million dollars would be raised by selling 80,000 shares of common stock Plan B would involve issuing $1.3 million in long-term bonds with an effective interest rate of 12.1 percent plus another $0.9 million would be raised by soling 40,000 shares of common stock. The debt funderas under Plan B have no fixed maturity dale, in that this amount of financial leverage is considered a permanent part of the firm's capital structure. Abe and a partners plan to use a 15 percent tax rate in their analysis, and they have hired you on a consulting basis to do the following . Find the FRIT indifference level associated with the two financing plans b. Prepare a pro forma income statement for the EBIT level solved for in part that shows that EPS will be the same regardless whether Plan A or Bis chosen The T erence level associated with the two financing plans Round to the need