Byron Books Inc. recently reported $$12$ million of net income. Its EBIT was $$25$ million, and its tax rate was $25\%.$ What was its interest expense? $($Hint: Write out the headings for an income statement, and then fill in the known values. Then divide $$12$ million of net income by $(1-$ T$)=0\mathrm{.}75$ to find the pretax income. The difference between EBIT and taxable income must be interest expense. Use this same procedure to complete similar problems.$)$ Write out your answer completely. For example, $25$ million should be entered as $25,000,000.$ Round your answer to the nearest dollar, if necessary. Do not round intermediate calculations.

$