I am having trouble understanding the connect assignment for my class. I have parts a & b done. Part C is to find the break-even EBIT for two different capital structures. I have highlighted the two cells in red that I am having trouble with. I have notes from Connect after I got answer wrong for Part C enclosed which include how they got the answer. The information is cryptic to me and needs clarification. If you can create a formula to resolve this issue I would be very happy! Thanks!

Shares Debit Interest Rate $ Plan 1 150,000 0% Shares Debt Interest Rate 0.00 Plan 1 EBIT Interest NI EPS $ $ $ $ a 300,000.00 300,000.00 2.00 $ $ $ $ Plan 2 100,000.00 $ 1,200,000.00 5% 0.05 Plan 2 b 550,000.00 550,000.00 3.67 Breakeven $ $ $ $ - $ $ $ $ a 300,000.00 60,000.00 240,000.00 2.40 $ $ $ $ b 550,000.00 60,000.00 490,000.00 4.90 Breakeven $ $ $ $ 60,000.00 (60,000.00) (0.60) To find the breakeven EBIT for two different capital structures, we simply set the equations for EPS equal to each other and solve for EBIT. The break-even EBIT is EBIT / 150,000 = [EBIT - .05($1200000)]/100,000 EBIT = 180,000 Please Explain I do not understand