1. Xavier Corp. is projecting EBIT of $525,000 next year. The firms tax rate is 21%. $170,000 of operating cash flow will be invested in capex and another $97,000 in net operating working capital. Depreciation will be $85,000. After next year, the long-term growth rate is expected to be 2% and current debt outstanding is $135,000. WACC is 8.5%.

A. What is FCFF for next year?

B. The estimated total value of the equity for Xavier Corp. from problem 1. is?

Please solve A and B. Please show work.