Round Hammer is comparing two different capital structures: An all-equity plan (Plan ) 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 $2.1 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? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) If EBIT is $800,000, what is the EPS for each plan? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g.,32.16.) What is the break-even EBIT? (Do not round intermediate calculations. Enter your answer In dollars, not millions of dollars, e.g., 1,234,567) b. c. a. Plan I EPS Plan II EPS Plan II EPS c. Break-even EBIT