Sun Mine Sun Minerals, Inc., is considering issuing additional long$-$term debt to finance an expansion. Currently, the company has $$10$ million in $5$ percent debt outstanding. Its after$-$tax net income is $$2$ million, and the company is in the $21$ percent tax bracket. The company is required by the debt holders to maintain its times interest earned ratio at $2\mathrm{.}5$ or greater. Do not round intermediate calculations.

b$.)$ How much additional $5$ percent debt can the company issue now and maintain its times interest earned ratio at $2\mathrm{.}5?($Assume for this calculation that earnings before interest and taxes remain at their present level.$)$ Enter your answer in millions. For example, an answer of $$1\mathrm{.}2$ million should be entered as $1\mathrm{.}2,$ not $1,200,000.$ Round your answer to two decimal places.