Question: please complete full table for 15%, 30%, 45%, and 60% please. OR could you please just calculate the Less:Interest for 15,30,45&60. thank you in advance!

Integrative-Optimal capital structure Medalion Cooling Systems, has tolal assets of $10,300,000, EBIT of $2,000,000, and prefemed dividends of $198,000 and is taxed at a rale of 40% In an efort to delermine the optimal capital structure, the firm has assembled data on the cost of debt, the number of shares of oommon stock for various levels of indebledness, and the overall requirod rotum on investment Capital stracture debt ratio 77TT Number of common stock shares Cost of debt, f4 Required return r 0% 0% 199,000 173,000 12.2% 15 7.8 129 13.8 30 8.9 12.1 15.1 140,000 45 111,000 15.8 60 79,000 19.8 a. Caloulate eamings per shere for each evel of indebtedness b. Use the equation Po EPS it, and the earmings per share caloulaned in part (a) to caloulate a price per share for each level of indebledness Debt Ratio 15% EBIT 2,000,000 Less interost $ EST Tasss 40% Net proft Less: Prefemed dividends Profts avalable to common stockholders a shares cutatanding 173.000 EPS
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