Frank's Fries part 4 Franks Fries, LLC is currently all equity financed, has an EBIT of $2 million, and is in the 34% tax bracket. Frank, the company's founder, is the lone shareholder. If the firm were to convert $4 million of equity into debt at a cost of 10%. Assume that all earnings are paid out as dividends. Now consider the fact that Frank must pay personal tax on the firm's cash flow. Frank pays taxes on interest at a rate of 33%, but pays taxes on dividends at a rate of 28%. Calculate the total cash flow to Frank after he pays personal taxes in the levered state. (Do not include the dollar sign($) in your response. Enter your answer in the following format: X,XXX,XXX)