A corporation currently has $1\mathrm{.}5$ million outstanding shares w$/$ a mkt value of $28$$ per share. The corp does not currently have any debt. It intends to bornow & $($a$)8\%$ in order to buy back $20\%$ of its outstanding shares $($e$)$ the current mkt price. Calculate the BE EBIT for this new structure to make sense.