Consider a firm with an EBIT of $$858,000.$ The firm finances its assets with $$2,580,000$ debt $($costing $8\mathrm{.}3$ percent and is all tax deductible$)$ and $480,000$ shares of stock selling at $$5\mathrm{.}00$ per share. To reduce the firm$$s risk associated with this financial leverage, the firm is considering reducing its debt by $$1,000,000$ by selling an additional $280,000$ shares of stock. The firm$$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 $$858,000.$

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