EBIT-EPS Analysis) Abe Forrester and three of his friends from college have interested a group of venture capitalists in backing their business idea. The proposed operation would consist of a series of retail outlets to distribute and service a full line of vacuum cleaners and accessories. To finance the new venture two plans have been proposed. Plan A is an all common equity structure in which $2.5 million dollars would be raised by selling $86,000 shares of common stock Plan B would involve issuing $1.3 million in long term bonds with an effective interest rate of 12.2 percent plus another $1.2 million would be raised by selling 43,000 shares of common stock. The debt funds raised under Plan B have no fixed maturity date, in that this amount of financial leverage is considered a permanent part of the firms capital structure. Abe and his partners plan to use a 35 percent tax rate in their analysis and theyu hired you on a consulting basis to do the following: A). Find the EBIT indifference level associated with the two financing plans. B).Prepare a pro forma income statement for the EBIT level solved for in Part A. that shows that EPS will be the same regardless whether Plan A or B is chosen. A.) The EBIT indifference level associated with the two financing plans is $_______. (Round to the nearest dollar.) B.) Complete the segment of the income statement for Plan A below: (Round income statement amounts to the nearest dollar except the EPS to the nearest cent.)