Edward Corporation expects to earn $$40,000$ in EBIT every year forever. The company currently has no debt and its cost of equity is $20$ percent. The tax rate is $35$ percent. The company can borrow at $6$ percent. The CFO of the company decides to change the company's

capital structure by taking on $X debt forever. And the borrowed money will be used to buy back $X worth of equity. If Edward is worth $$150,000$ after the capital restructuring, what is the value of X$?$