In the following example, the proposed debt issue would raise $4,000,000, the interest rate would be 10%. In addition, the EBIT would be $2,000,000. What would be the increase in the Earnings Per Share (EPS) from to current to the proposed structure? Assets Debt Equity Debt-Equity Ratio Share Price Shares Outstanding Interest Rate Current Proposed $ 10,000,000 $10,000,000 $ $ 4,000,000 $ 10,000,000 $ 6,000,000 e 0.67 $ 25 $ 25 400,000 248,000 N/A 10% Required information $5.00 $1.67 O $1.00 $1.50 O $6.67