Honeycutt code is comparing two different capital structures plan one would result in 12,700 shares of stock and $109,250 in debt plan to would result in 9800 shares of stock in $247,000 in debt the interest rate on the debt is 10%.

ignoring taxes compare both of these plans to an all equity plan assuming that ebit Will be $79,000 the all equity plan will result in 15,000 shares of stock outstanding which of the three plans has the highest ESP

EPS plan 1?

EPS plan 2?