2. Parker Corporation is contemplating two different capital structures. The first plan would result in 12,700 shares of stock outstanding versus the second plan which would have 9800 shares outstanding. The first plan would require $100,050 in debt while the other plan would require $226,200 in debt. The interest rate is 10%. a. Ignoring taxes, compare both plans with the all equity plan assuming an EBIT of $70,000. The all equity plan would result in 15,000 shares of stock outstanding. Which of the three plans has the highest EPS? Lowest EPS? b. In part a, what are the break-even levels of EBIT for each plan as compared to the all equity plan