Simple Q&A D&D 3.5 (by RAW) XXII

[Clistenes]

Q 1755:

Since you can improve your item familiar even without having the required Craft feats, and the descripton say nothing about Epic Craft feats...Can you give magical improvements to your item familiar that raise its value above 200.000 gp? And what about epic enhancements, like +6 to attack and damage and above?

Since nobody has answered my question, I'm repeating it:

Does the Item Familiar feat allow a non-epic character to create a magic item with a monetary value above 200,000 gp?

If not, does the Item Familiar feat allow an epic character to create a magic item with a monetary value above 200,000 gp?

Does the Item Familiar feat allow a non-epic character to create a magic weapon with an enhancement above +10?

If not, does the Item Familiar feat allow an epic character to create a magic weapon with an enhancement above +10?

Thank you in advance.