Foundation, Incorporated, is comparing two different capital structures, an all$-$equity plan $($Plan I$)$ and a levered plan $($Plan II$).$ Under

Plan I, the company would have $200,000$ shares of stock outstanding. Under Plan II$,$ there would be $150,000$ shares of stock

outstanding and $$2\mathrm{.}2$ million in debt outstanding. The interest rate on the debt is $5$ percent, and there are no taxes.

a$.$ If EBIT is $$350,000,$ what is the EPS for each plan?

Note: Do not round intermediate calculations and round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

b$.$ If EBIT is $$600,000,$ what is the EPS for each plan?

Note: Do not round intermediate calculations and round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

c$.$ What is the break$-$even EBIT?

Note: Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e$.$g$.,1,234,567.$