Blue International Corporation currently has no debt outstanding and a total market value of $500,000. Earnings before interest and taxes, EBIT, are projected to be $250,000 if economic conditions are normal. If there is strong expansion in the economy, then EBIT will be 45% higher. If there is a recession, then EBIT will be 60% lower. Sim Sand is considering a $200,000 debt issue with 9% interest rate. The proceeds will be used to repurchased shares of stock. There are currently 125,000 shares outstanding. Assume the tax rate of 37%. Calculate EPS under each of the three scenarios that the company goes through the recapitalization.