Boston Lumber is unlevered with 222 shares outstanding and earnings before interest and taxes, or EBIT, of 750. Corporate earnings are taxed at a rate of 31%. Suppose that Boston Lumber makes a decision to partition its assets into debt and equity by using the newly raised debt capital to buy back a portion of the stock. The firm issues $1550 of debt at a cost of 8.65%. The partition does not change EBIT but reduces the number of shares outstanding to 147. Which of the following is Boston Lumber's EPS after the partition? $1.91 $2.89 $5.10 $2.33