Company A is currently all equity financed, has an EBIT of $$2$ million, and a coporate tax rate of $21\%.$ Jared, the founder, is the lone shareholder. All earnings are paid out to dividends from the firm to Jared. If the were to convert $$4$ million of equity into debt at a $10\%$ cost$,$ what would be the total cash flow from the firm to Jared if he holds all of the debt? Compare this to Jared's cash flow if the firm remains unlevered.