A firm is thinking of changing its current all-equity capital structure to one that is 75% debt, 25% equity. The debt will be used to repurchase shares. There are 300,000 shares currently outstanding at $40 each. If the firm adds the debt, there will be $9,000,000 of debt at an interest rate of 6% and there will be 75,000 shares outstanding. What would be the break-even EBIT between the two capital structures