kmarks now... KQuestion 2 (of 6) alue: 20.00 points Problem 16-4 Break-Even EBIT LO1 DAR Corporation 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 160,000 shares of stock outstanding. Under Plan II, there would be 110,000 shares of stock outstanding and $1.4 million in debt outstanding The interest rate on the debt is 7 percent, and there are no taxes a. If EBIT is $400,000, what is the EPS for each plan? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) EPS Plan I Plan II b. If EBIT is $650.000, what is the EPS for each plan? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g. 32.16.) EPS Plan I Plan I c. What is the break-even EBIT? (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, e.g1.234,567) Break-even EBIT