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 $200,000$ shares of stock outstanding. Under Plan II$,$ there would be $150,000$ shares of stock outstanding and $$2\mathrm{.}2$ million in debt outstanding. The interest rate on the debt is $5$ percent, and there are no taxes.