A company is currently all equity, has a cost of equity of 9%, an EBIT of $1,500,000, and zero growth. The company has a corporate tax rate of 25% and investors are subject to a tax rate of 20% on earnings from equity investments and 35% on interest income. If the company issues $9 million in debt, what is the gain from leverage assuming the assumptions of the Miller model hold? 615,385538,462461,538692,308