I just need help with part c - the break even ebit

nil Verizon '3? 6:02 pM [:1. E ezto.mheducation.com C ' connect: 4 Guestblltufm v > I g a ewe-slaw ,5ubmrl 1- 2.23m... Kyte Corporation is comparing two different capital structures. an ail-equity plan (Plan I) and a lowered plan (Plan ll}. Under Plan I, the company would have 775,000 shares of stock outstanding. Under Pian ll, there would be 525,000 shares of stock outstanding and $915 million in debt outstanding. The interest rate on the debt is 7 percent, and there are no taxes. a. Assume that EBIT is $2.3 million. Compute the EPS for both Plan | and Plan ll. [Do not round intermediate calculations and round your answers to 2 decimal places, 32.15.) are Plan: S [3 Plan u s b. Assume that EBIT is $3.3 million. Compute the EPS for both Plan land Plan ||. [Do not round intermediate calculations and round your answers to 2 decimal pieces1 32.15.) EPB Plant $ Plan" s D c. What is the break-even EBIT? {Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g.. 1,234,557. Round your answer to the nearest whole number, e.g., 32.] Break-even EBIT 5 [ ]