Rise Against Corporation is comparing two different capital structures: an all-equity plan (Plan I) and a levered plan (Plan II). Under Plan I, the company would have 200,000 shares of stock outstanding. Under Plan II, there would be 150,000 shares of stock outstanding and $3.00 million in debt outstanding. The interest rate on the debt is 8 percent, and there are no taxes. What is the break-even EBIT?