With its current leverage, Impi Corporation will have net income next year of $$5\mathrm{.}0$ million.

If Impi's corporate tax rate is $25\%$ and it pays $7\%$ interest on its debt, how much debt can Impi

issue this year and still receive the benefit of the interest tax shield next year?

The debt is $ million. $($Round to three decimal places.$)$