Rise Against Corporation 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 $195,000$

shares of stock outstanding. Under Plan II$,$ there would be $145,000$ shares of stock

outstanding and $$2\mathrm{.}10$ million in debt outstanding. The interest rate on the debt is $8$

percent, and there are no taxes.

a$.$ If EBIT is $$550,000,$ what is the EPS for each plan? $($Round your answers to $2$

decimal places.$($e$.$g$.,32\mathrm{.}16))$

b$.$ If EBIT is $$800,000,$ what is the EPS for each plan? $($Round your answers to $2$

decimal places.$($e$.$g$.,32\mathrm{.}16))$

c$.$ What is the break$-$even EBIT? $($Do not round intermediate calculations. Enter your

answer in dollars, not millions of dollars, i$.$e$.1,234,567.)$