PM.62 The US government has recently contracted with Boeing to build its fleet of airborne tankers. The project has been laid out with durations (in weeks), predecessors, and costs included:

Kelso electric is debating between a leveraged and an unleveraged capital structure. the all equity capital structure would consist of 40,000 shares of stock. the debt and equity option would consist of 25,000 shares of stock plus $280,000 of debt with an interest rate of 7 percent. what is the break-even level of earnings before interest and taxes between these two options?