Dickson Corporation is comparing two different capital structures. Plan I would result in $9,000$ shares of stock and $$80,000$ in debt. Plan II would result in $7,500$ shares of stock and $$120,000$ in debt. The interest rate on the debt is $8$ percent.

a$.$ Ignoring taxes, compare both of these plans to an all$-$equity plan assuming that EBIT will be $$50,000.$ The all$-$equity plan would result in $12,000$ shares of stock outstanding. What is the EPS for each of these plans?

Note: Do not round intermediate calculations and round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

b$.$ In part $($a$),$ what are the break$-$even levels of EBIT for each plan as compared to that for an all$-$equity plan?

Note: Do not round intermediate calculations.

c$.$ Ignoring taxes, at what level of EBIT will EPS be identical for Plans I and II$?$

Note: Do not round intermediate calculations.

d$-1.$ Assuming that the corporate tax rate is $22$ percent, what is the EPS of the firm?

Do not round intermediate calculations and round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

d$-2.$ Assuming that the corporate tax rate is $22$ percent, what are the break$-$even levels of EBIT for each plan as compared to that for an all$-$equity plan?

Note: Do not round intermediate calculations.

d$-3.$ Assuming that the corporate tax rate is $22$ percent, at what level of EBIT will EPS be identical for Plans I and II$?\backslash$table$[[$a$.$ Plan I EPS,$],[$Plan II EPS,$],[$All$-$equity EPS,$],[$b$.$ Plan I and all$-$equity break$-$even EBIT,$],[$Plan II and all$-$equity break$-$even EBIT,$],[$c$.$ Plan I and Plan II break$-$even EBIT,$],[$d$-1.$ Plan I EPS,$],[$Plan II EPS,$],[$All$-$equity EPS,$],[$d$-2.$ Plan I and all$-$equity break$-$even EBIT,$],[$Plan II and all$-$equity break$-$even EBIT,$],[$d$-3.$ Plan I and Plan II break$-$even EBIT,$]]$