Kelso Electric is an all-equity firm with 47,000 shares of stock outstanding. The company is considering the issue of $320,000 in debt at an interest rate of 6 percent and using the proceeds to repurchase stock. Under the new capital structure, there would be 29,000 shares of stock outstanding. Ignore taxes. What is the break-even EBIT between the two plans? A) $30,933 B) $42,971 C) $50,133 D) $54,311 E) $34,800