QUESTION 7 1. Vanier Corporation is comparing two different capital structures: an all-equity plan (Plan A) and a levered plan (Plan B). Under Plan A, the company would have 205,000 shares of stock outstanding. Under Plan B, there would be 105.000 shares of stock outstanding and $1,555,500 in debt outstanding. The interest rate on the debt is 9%, and there are no taxes. a) If EBIT is $456,000, what is the EPS for each plan? b) What is the break-even EBIT? What should be EBIT level that would benefit to shareholders? Arial 3 (12pt) T