Alpha Company is looking at two different capital structures, one an all-equity firm and the other a levered firm with

$1.44

million of debt financing at

6%

interest. The all-equity firm will have a value of

$4.8

million and

480,000

shares outstanding. The levered firm will have

336,000

shares outstanding.

a.What is the break-even EBIT for Alpha Company if there are no corporate taxes?

$enter your response here

(Round to the nearest dollar.)