AEPP Inc.$\text{'}$s management has decided to repurchase some of the company's shares. The company has $1,500,000$ shares outstanding that trade at $$25\mathrm{.}00$ per share and book value equity of $$37,500,000.$ It plans to use debt to finance the repurchase at an interest rate of $8\mathrm{.}0\%.$ The company's EBIT is $$4,000,000.$ Ignoring income taxes, what is the breakeven EBIT $($the EBIT level where pre and post repurchase EPS and ROE are equal$)?$