The VidalE Corporation is considering three possible financing arrangements to raise $10,000 of new capital. Currently, the capital structure of Vidale Corporation consists of no debt and $10,000 equity. There are 500 shares of common stock currently outstanding, currently selling at $20 per share. The VidalE Corporation is expected to generate $12,000 of EBIT next period. It is expected that interest rate on any debt would be 10%. The three possible financing alternatives are: Alternative 1: All equity financing. Alternative 2: 50% debt and 50% equity financing Alternative 3: All debt financing a) Calculate the following items for each alternative financing, assuming that there are no taxes imposed on corporate income: (15 pts.) Earnings to owners Earnings per share (EPS) Distribution of income between creditors and shareholders. b) Calculate the following items for each alternative financing, assuming that the marginal tax rate on corporate income is 30%: (15 pts.) Earnings to owners Earnings per share (EPS) Distribution of income between creditors and shareholders. c) Calculate the EBIT-EPS analysis of Alternative 1 and 2; and Alternative 1 and 3. Interpret/analyze your answer to these combinations. (20 pts.)