Moe Corporation is comparing the following two different capital structures: Plan | (All-equity or No Debt Plan) Plan II (Levered Plan or Plan with debt) Shares outstanding = 400,000 shares Shares outstanding = 300,000 shares Debt = $0 Debt = $4 million @ interest rate = 8% Calculate the break-even EBIT. Find the EPS at break-even EBIT. Which plan is better for Moe if Moe expects its EBIT to be $1,350,000? a. $1,400,000; 3.5; Plan 1 b. $1,280,000; 3.2; Plan II C. $1,280,000; 3.2; Plan | d. $1,400,000; 3.5; Plan 11