2 Problem 14-4 Break-Even EBIT Hale Corporation is comparing two different capital structures, an all-equity plan (Plan ID and a levered plan (Plan I). Under Plan 1, the company would have 150,000 shares of stock outstanding. Under Plan II, there would be 100,000 shares of stock outstanding and $12 million in debt outstanding. The interest rate on the debt is 5 percent and there are no taxes 10 points a. If EBIT is $300,000, what is the EPS for each plan? (Do not round intermediate calculations and round your answers to 2 decimal Skpped places, e.g, 32.16.) Plan I Plan II eBook b. If EBIT is $550,000, what is the EPS for each plan? (Do not round intermediate calculations and round your answers to 2 decimel places, e.g. 32.16.) Print Plan I Plan II References c. What is the break-even EBIT? (Do not round intermediate calculations. Enter your answer in dollers, not millions of dollars, e.g 1,234,567) Break-even EBIT $ Reference links 14 5 Tavas