Vapid Motors Inc. is considering a change to its capital structure. Selected financial information is provided in the table below. The current capital structure is shown in the column labeled$$ 'Current'. Vapid is trying to choose between two financing alternatives. Under Option$$ A$,$ they will sell $140$ new shares at the current price. Under Option$$ B$,$ they will borrow $$133$ at $6\mathrm{.}767\%$ and no new equity will be issued. There are currently $700$ shares$$ outstanding, and the firm is$$ debt$-$free. The tax rate is $40\%.$ What is the$$ EBIT$-$EPS indifference$$ point?

Current Option A Option B

Debt $$$$0$$$0$$$133$

Interest $$$$0$$$0$$$9$

Tax Rate $40\%40\%40\%$

Price $$$$0\mathrm{.}95$ n$.$a$.$ n$.$a$.$

Shares Outstanding $700840700$

The$$EBIT$-$EPS indifference point is $$\_\_\_\_\_\_.($Round to the nearest$$dollar$.)$Vapid Motors Inc. is considering a change to its capital structure. Selected

financial information is provided in the table below. The current capital

structure is shown in the column labeled 'Current'. Vapid is trying to choose

between two financing alternatives. Under Option A$,$ they will sell $140$ new

shares at the current price. Under Option B$,$ they will borrow $$133$ at $6\mathrm{.}767\%$

and no new equity will be issued. There are currently $700$ shares outstanding,

and the firm is debt$-$free. The tax rate is $40\%.$ What is the EBIT$-$EPS

indifference point?

Selected Financial Information Vapid Motors Inc.

The EBIT$-$EPS indifference point is $

$($Round to the nearest dollar.$)$