Homework: Chapter 16 Homework Question 1, P16-5 (similar to) Part 1 of 3 > HW Score: 50%, 6 of 12 points O Points: 0 of 1 Save Break-even EBIT (with and without taxes). Alpha Company is looking at two different capital structures, one an all-equity firm and the other a levered firm with $1.32 million of debt financing at 7% interest. The all-equity firm will have a value of $4.4 million and 440,000 shares outstanding. The levered firm will have 308,000 shares outstanding. a. Find the break-even EBIT for Alpha Company using EPS if there are no corporate taxes. b. Find the break-even EBIT for Alpha Company using EPS if the corporate tax rate is 25%. c. What do you notice about these two break-even EBITs for Alpha Company? a. What is the break-even EBIT for Alpha Company using EPS if there are no corporate taxes? (Round to the nearest dollar.)