DWB Inc. is considering a choice of two capital structures. Plan I (the current one) is 100% equity with 450,000 shares outstanding, and the shares are trading at $30 each. Plan II requires moving to a capital structure with 50% debt, 50% equity. The debt will be used to repurchase shares. If the firm adds the debt, there will be $6,750,000 of debt at an interest rate of 8% and there will be 225,000 shares outstanding. At what level of earnings (EBIT) will firm be indifferent between the two capital structures?