A company with 12.000.000 shares outstanding and $1,500,000 in debt outstanding is considering changing to an all-tquity capital structure. Under the proposed all-equity capital structure, there would be 15,000,000 shares outstanding, Assume the break-even EBIT is $300,000 What the intent on the company's debt? Do not found intermediate calculations. Round the final answer to 2 decimal places. Omit the sign your response: Forenime, an be entered as 15:39