Kuchar Corporation is comparing two different capltal structures, an all-equlty plan (Plan I) and a levered plan (Plan II). Under Plan I, the company would have 175,000 shares of stock outstanding. Under Plan II, there would be 125,000 shares of stock outstanding and $1.47 million In debt outstanding. The Interest rate on the debt is 5 percent and there are no taxes. a. Use MM Proposition I to find the price per share. (Do not round Intermedlate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What Is the value of the firm under each of the two proposed plans? (Do not round Intermedlate calculatlons. Enter your answers In dollars, not millions of dollars, rounded to the nearest whole number, e.g., 1,234,567.)