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(Using EBit-EPS break-even analyais) Home Depot, Inc. (HD), had 1244 million shares of common stock outstanding in 2016, whereas Lowes Componies, Inc. (LOW), had 929

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(Using EBit-EPS break-even analyais) Home Depot, Inc. (HD), had 1244 million shares of common stock outstanding in 2016, whereas Lowes Componies, Inc. (LOW), had 929 millon shares outstanding. Assuming Home Oepor's 2016 inlerest expense is $919 milion, Lowes' interest expense is $552 milion, and a 35 percent tax rate for both frms, what is their beeak-even level of operating income 0.6, the level of EBrT where EPS is the same tor both foms)? The EBrT indfference hevel is: (Round to the nearest dollar.)

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