Reagan, Inc. is an all-equity firm with 57,500 shares of stock outstanding. The company is considering the issue of $390,000 in debt at an interest rate of 6 percent and using the proceeds to repurchase stock. Under the new capital structure, there would be 36,000 shares of stock outstanding. Ignore taxes. What is the break-even EBIT between the two plans? $83,442 $62,581 $71,522 $90,395 $78,495