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i need a b and c. Please write it by hand and explain. Thank you so much LO 1 4. Break-Even EBIT. Kyle Corporation is

i need a b and c. Please write it by hand and explain. Thank you so much image text in transcribed
LO 1 4. Break-Even EBIT. Kyle Corporation is comparing two different capital structures, an all-equity plan (Plan 1) and a levered plan (Plan II). Under Plan I, the company would have 300,000 shares of stock outstanding. Under Plan II, there would be 210,000 shares of stock outstanding and $2,367,000 in debt outstanding. The interest rate on the debt is 10 percent, and there are no taxes. a. If EBIT is $600,000, which plan will result in the higher EPS? b. If EBIT is $900,000, which plan will result in the higher EPS? c. What is the break-even EBIT

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