Southwest Sands currently has $26,000$ shares of stock outstanding. It is considering issuing $$152,000$ of debt at an interest rate of $8\mathrm{.}1$ percent. The break$-$even level of EBIT between these two capital structure options is $$82,000.$ How many shares of stock will be repurchased if the company undergoes the recapitalization? Ignore taxes.

Multiple Choice

$4,229\mathrm{.}12$ shares