Seattle Health Plans currently uses zero$-$debt financing. Its operating profit is $$2$ million, and it pays taxes at a $23$ percent rate. It has $$10$ million in assets and, because it is all$-$equity financed, $$10$ million in equity. Suppose the firm is considering replacing $72$ percent of its equity financing with debt financing that bears an interest rate of $8$ percent.

What impact would the new capital structure have on the firm's profit?