XYZ Corporation is planning to raise an additional $$30$ million in capital, either via $240,000$ shares of common stock at $$125$ per share net proceeds, or via $300,000$ shares of $9\%$ percent preferred stock. Current earnings are $$12\mathrm{.}50$ per share on one million shares outstanding. $$2,500,000$ is paid annually on existing debt, and dividends on existing preferred stock amount to $$1,500,000$ per year. The current market price of common stock is $$140$ per share. The firm has a dividend policy of paying $$8$ per share on common stock, which it intends to keep. Assume a tax rate of $46\%.$

$$ What is the breakeven EBIT for both sources of capital?