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Ski and Board are two identical firms of identical size operating in identical markets. Ski is unlevered with assets valued at $12000 and has 600

Ski and Board are two identical firms of identical size operating in identical markets. Ski is unlevered with assets valued at $12000 and has 600 shares of stock outstanding. Board also has $12000 in assets and has $7000 in debt financed at an interest rate of 9.50% and has 250 shares of stock outstanding. Assume perfect capital markets.

Calculate the level of EBIT that would make earnings per share the same for Ski and Board. $ Place your answer to the nearest dollar. If applicable, your answer should NOT include a comma

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