A company expects an EBIT of $$146,000$ every year forever. The company currently has no debt and its cost of equity is $10\%.$ The corporate tax rate is $26\%.$ Suppose the company can borrow at $6\mathrm{.}2\%$ and use the debt proceeds to repurchase shares. What will the value of the firm be if the company recapitalizes and takes on debt equal to $40\%$ of its unlevered value?

$$1,150,246$

$$1,171,504$

$$1,192,762$

$$1,214,020$

$$1,235,278$