Without leverage, Impi Corporation will have net income next year of $5.5 million. If Impi's corporate tax rate is 21% and it pays 6% interest on its debt, how much additional debt can Impi issue this year and still receive the benefit of the interest tax shield next year? (Note: Assume Impi's revenues exceed $26 million, and that interest tax deductions are limited to 30% of EBIT under the TCJA.)

The debt is million.