James Corporation is comparing two different capital structures an all-equity plan (Plan I) and a levered plan (Plan I1). Under Plan I, the company would have 160,000 shares of stock outstanding. Under Plan II, there would be 80,000 shares of stock outstanding and $2.8 million in debt outstanding. The interest rate on the debt is 8 percent, and there are no taxes. (a) If EBIT is $350,000, Plan I's EPS is $ while Plan II's EPS is $ (Do not include the dollar signs (S). Round your answers to 2 decimal places. (e.g, 32.16) (b) If EBIT is $500,000, Plan I's EPS is $ and Plan Il's EPS is $ (Do not include the dollar signs ($). Round your answers to 2 decimal places. (e.g. 32.16) (c) The break-even EBIT is $ (Do not include the dollar sign (S). Round your answer to the nearest whole dollar amount. (e.g., 32.)