Fly by Night Aviation (FBNA) expects to have net income next year of $24 million and total income available to all investors (interest expense plus net income) of $27 million. FBNAs marginal corporate tax rate is 40%. (a) FBNAs EBIT is closest to: (1) $43 million (2) $40 million (3) $45 million (4) $60 million (b) If FBNA increases leverage so that its interest expense rises by $1 million, then the amount its net income will change is closest to: (1) -$400,000 (2) -$600,000 (3) $400,000 (4) $600,000 (c) If FBNA increases leverage so that its interest expense rises by $1 million, then the amount of income available to all investors will change by about: (1) -$600,000 (2) -$400,000 (3) $600,000 (4) $400,000