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Rellable Gearing currently is all-equity-financed. It has 23,000 shares of equity outstanding. selling at $100 a share. The firm is considering a capltal restructuring. The low-debt plan calls for a debt issue of $330,000 with the proceeds used to buy back stock The high-debt plan would exchange $530,000 of debt for equity. The debt will pay an interest rate of 11%. The firm pays no taxes. a. What will be the debt-to-equity ratio if it borrows $330,000 ? Note: Round your answer to 2 decimal places. b. If earnings before interest and tax (EBIT) are $240,000, what will be earnings per share (EPS) if Rellable borrows $330,000 ? Note: Round your answer to 2 decimal places. c. If earnings before interest and tax (EBIT) are $240,000, what will be earnings per share (EPS) if Rellable borr;ws $530,000 ? Note: Round your answer to 2 decimal places