for an answer use excel formula

begin each formula with an = sign

example = b3+ c5

Foundation, Inc., is comparing two different capital structures: an all-equity plan (Plan I) and a levered plan (Plan II). Under Plan I, the company would have 145,000 shares of stock outstanding. Under Plan II, there would be 125,000 shares of stock outstanding and 2$716,000 in debt outstanding. The interest rate on the debt is 8 percent, and there are no taxes. a. If EBIT is $300,000, which plan will result in the higher EPS? b. If EBIT is $600,000, which plan will result in the higher EPS? c. What is the break-even EBIT? 15 (Use cells A6 to B13 from the given information to complete this question.) 16 17 Output Area: 18 19 20 Plan I 21 Plan II 22 Plan I 23 Plan II 24 Breakeven EBIT 25. Net income EPS 26