Please answer all parts of the question above. Thank you!

Fujlta, Incorporated, has no debt outstanding and a total market value of $222000. Earnings before interest and taxes, EBIT, are projected to be $18,000 If economic conditions are normal. If there is strong expansion in the economy, then EBIT will be 25 percent higher. If there is a recession, then EBIT will be 30 percent lower. The company Is considering a $60,000 debt issue with an interest rate of 7 percent. The proceeds will be used to repurchase shares of stock. There are currently 7,400 shares outstanding. The company has a tax rate of 21 percent, a market-to-book ratlo of 1.0 , and the stock price remains constant. a-1. Calculate eamings per share (EPS) under each of the three economic scenarlos before any debt is issued. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 3216.) a-2 Calculate the percentage changes in EPS when the economy expands or enters a recession. (A negative answer should be indicated by a minus sign. Do not round intermedlate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 3216. b-1. Calculate eamings per share (EPS) under each of the three economic scenarlos assuming the company goes through with recapitalization. (Do not round Intermediate calculations and round your answers to 2 decimal places, e.g. 3216) b-2. Given the recapltalization, calculate the percentage changes in EPS when the economy expands or enters a recession. (A negative answer should be indicated by a minus sign. Do not round intermedlate calculations and enter your answers as a percent rounded to 2 decinal places, e.g., 3216.)