Instructions Answer each problem. Show all calculations GBT A firm currently has no debt in its capital structure. It currently has 200,000 shares outstanding and the price per share is $75. It is considering a restructuring using $9,000,000 in debt with an interest rate of 8%. The firm's EBIT is $1,000,000 and its corporate tax rate is 34%. a. Complete the Income Statement items for "No Debt financing and "Debt" Complete the lo financing Calculate ROE and EPS for "No Debt financing and Debt" financing. Is debt financing beneficial for this company? Calculate breakeven EBIT. Complete the Income Statement items at the Breakeven EBIT for "No Debt" financing and Debt" financing. Calculate ROE and EPS at the Breakeven EBIT for "No Debt" financing and "Debt" financing No Debt Debt Breakeven EBIT-No Debt Breakeven EBIT-Debt EBIT Interest Taxes Net Income EPS ROE