abc Co. is comparing two different capital structures. Under the all-equity plan, the company would have 200,000 shares of stock outstanding. Under the levered plan, there would be 150,000 shares of stock and 10 million baht in debt outstanding. The interest rate on the debt is 7 percent, and the tax rate is 25%. What is the break-even EBIT? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32)