Taro Inc. is currently an all equity firm that has 5,000 shares of stock outstanding at a market price of S32 a share. Company management has decided to issue $100,000 worth of debt and use the funds to repurchase shares of the outstanding stock. The interest rate on the debt will be 7.5%. What are the earnings per share (EPS) at the break-even level of earnings before interest and taxes (EBIT)? Ignore taxes. (Round the final answer to 2 decimal places. Do not round intermediate calculations. Omit S sign). Numeric Response