EastJet Airlines is an all-equity firm with a book value of $800,000,000 and 32,000,000 share outstanding. Its stock currently trades at $28 per share, and EPS is $4.60. EastJet wishes to issue another 2,000,000 shares to finance the development of a new reservation system. The new system will increase EBIT by $4,000,000. The company believes it would have to issue shares at $27 and that it would incur flotation costs of 5%. EastJet's tax rate is 30%, and the company assumes its P/E ratio will remain the same. Calculate whether the company will suffer any dilution (i.e., a decrease) to its EPS, book value per share, and market price if it goes ahead with the financing and the new system. How much must EBIT change so that there is no dilution to EPS and market price?