Foundation, Inc., is comparing two different capital structures: an all-equity plan (Plan I) and a levered plan (Plan II). Under Plan I, the company would have 145,000 shares of stock outstanding. Under Plan II, there would be 125,000 shares of stock outstanding and $716,000 in debt outstanding. The interest rate on the debt is 8 percent, and there are no taxes. a. If EBIT is $300,000, which plan will result in the higher EPS? b. If EBIT is $600,000, which plan will result in the higher EPS? ir What is the hroak-oven FRIT? \begin{tabular}{|lll|l|} \hline & & Net income & EPS \\ \hline Plan I & \multicolumn{1}{c|}{} & \\ \hline Plan II & & \\ Plan I & & \\ Plan II & & \\ Breakeven EBIT & & \\ \hline \end{tabular}