Foundation, Incorporated, is comparing two different capital structures: an all$-$equity plan $($Plan I$)$ and a levered plan $($Plan II$).$ Under Plan I, the company would have $160,000$ shares of stock outstanding. Under Plan II$,$ there would be $110,000$ shares of stock outstanding and $$1\mathrm{.}41$ million in debt outstanding. The interest rate on the debt is $7$ percent and there are no taxes.

a$.$

Use M&M Proposition I to find the price per share. $($Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

b$.$ What is the value of the firm under each of the two proposed plans? $($Do not round intermediate calculations and round your answers to the nearest whole dollar amount, e$.$g$.,32.)$

a$.$ Share Price:

b$.$ All$-$equity Firm Value:

c$.$ Levered Plan Firm Value: