Degree of financial leverage. Northwestern Savings and loan has a current capital structure consisting of $210,000 of 14% (annual interest) debt and 1,000 shares of common stock. The firm pays taxes at the rate of 30% a. Using EBIT values of $76,000 and $118,000, determine the associated earnings per share (EPS) b. Using $75,000 of EBIT as a base, calculate the degree of financial leverage (DFL) c. Rework parts a and b assuring that the firm has $108,000 of 14% (annual interest, debt and 2,000 shares of common stock. a. Calculate the EPS for EBIT value of $76,000 below. (Round to the nearest dollar except for the EPS which should be rounded to the nearest cent.)