There are no corporate taxes. A firm with 1,000,000 shares outstanding (each share currently valued at $10) and no debt is considering a capital restructuring that would increase its debt to $5,000,000, at the interest rate of 10%. The firm would use the raised $5,000,000 to buy 500,000 shares of the stock. What's the break-even EBIT (in dollars)?

Group of answer choices

$900,000

$1,000,000

$1,100,000

$1,200,000