Round Hammer is comparing two different capital structures: An all-equity plan (Plan 1) and a levered plan (Plan II). Under Plan I, the company would have 180,000 shares of stock outstanding. Under Plan II, there would be 130,000 shares of stock outstanding and $1.925 million in debt outstanding. The Interest rate on the debt is 8 percent, and there are no taxes. a. I 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.) b. If EBIT IS $600,000, what is the EPS for each plan? (Do not round Intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) c. What is the break-even EBIT? (Do not round Intermediate calculations. Enter your answer in dollars, not millions of dollars, e.g.. 1,234,567.) a Plan! Plan 11 b. Plan Plan 11 Break-even EBIT c