Debt$/$Total Assets

$0\%$

$30\%$

$70\%$

Total Assets

$2,000,000$

$2,000,000$

$2,000,000$

Debt

Equity

Total Liabilities and Equity

Operating Income $($EBIT$)=($Sales $$ Operating Expenses$)$

$300,000$

$300,000$

$300,000$

Interest Rate on Debt

$12\%$

$14\%$

$16\%$

Interest

Earnings Before Tax $($EBT$)$

Income tax $(34\%)$

Net Income

Return on Equity $($ROE$)$

Calculate the amount of Interest when Debt$/$Total Assets is $30\%.$