The MPD Corporation must raise $30 million to finance its current capital budget. A common stock issue could be made at a price of $10 per share; bonds could be issued with an interest rate of 12%. The firm currently has 2,000,000 shares outstanding and $10 million in bonds with an interest rate of 12%. There is no outstanding preferred stock. The firms tax rate is 30%. What is the indifferent level of EBIT (EBIT*)?