Thanks Russell. I rewired it as you described (and pictured below) but the problem remains. The belt works fine but the eject function does not. I even swapped the switches just to make sure the switch wasn't bad.
I would assume at this point that the motor powering the eject mechanism is bad except there is a light inside the building which is wired to the power connection for the Eject terminal and it too does not work. Odds of the motor AND the light not working would be pretty slim. I think my next step is to open it and see what is wired to what and make sure there are no bad connections.