This part of the project is to analyze the following capitalstructure plans. You

This part of the project is to analyze the following capitalstructure plans. You will use the EBIT-EPS analysis to evaluate thetwo plans. One plan is all equity and one has debt andequity.Plan Plan 1: All Equity Plan 2: Some DebtShares of Equity 80000 50000Debt 0 $2000000Cost of debt 0 12%Interest Expense 0 $240000Tax Rate 34% 34%Determine the EBIT indifference pointDiscuss the implications of EBIT above and below thispointYou must submit your backup in Excel or other supportingdocumentation showing how answers were reached.