Consider a firm with an EBIT of $$859,000.$ The firm finances its assets with $$2,590,000$ debt $($costing $8\mathrm{.}4$ percent and is all tax deductible$)$ and $490,000$ shares of stock selling at $$6\mathrm{.}00$ per share. To reduce the firm$$s risk associated with this financial leverage, the firm is considering reducing its debt by $$1,000,000$ by selling an additional $290,000$ shares of stock. The firm$$s tax rate is $21$ percent. The change in capital structure will have no effect on the operations of the firm. Thus, EBIT will remain at $$859,000.$ EPS Before:

Calculate the change in the firm$$s EPS from this change in capital structure.

Note: Do not round intermediate calculations and round your final answers to $2$ decimal places.