Use the following information to answer the folio wing question(s). Lambda, Inc. has a base level of sales of 150,000 units. Sales price per unit is $10.00 and variable cost per unit is $6.50. Total annual operating fixed costs are $155,000, and the annual interest expense is $90,000. (For consistency with answers below, carry all calculations to two decimals.) Base level EBIT is: Select one: $370,000. $425,000. $500,000. $575,000