EBITEPS analysis Newlin Electronics is considering additional financing of$$10,000.$ It currently has $$50,000$ of $12\%($annual interest$)$ bonds and $10,000$ sharesof common stock outstanding. The firm can obtain the financing through a $12\%($annual interest$)$ bond issue or through the sale of $1,000$ shares of common stock.The firm has a $40\%$ tax rate.a$.$ Calculate two EBITEPS coordinates for each plan by selecting any two EBITvalues and finding their associated EPS values.b$.$ Plot the two financing plans on a set of EBITEPS axes.c$.$ On the basis of your graph in part b$,$ at what level of EBIT does the bond planbecome superior to the stock plan?