Jackson Inc. and Simon are two identical firms operating in identical markets. Jackson is unlevered with assets valued at $3,000 and has 175 shares of stock outstanding. Simon also has $3,000 in...

Jackson Inc. and Simon are two identical firms operating in identical markets. Jackson is unlevered with assets valued at $3,000 and has 175 shares of stock outstanding. Simon also has $3,000 in assets and has $1,200 in debt financed at an interest rate of 5% and has 125 shares of stock outstanding. The corporate tax rate is 30%. Which of the following comes closest to the level of EBIT that would make earnings per share the same for Jackson and Simon?