ABC Inc. is currently an all equity firm that has $70,000$shares of stock outstanding and a share price of $$40$ a share. The tax rate is $35\%.$ Gail is considering adding $$1,000,000$ of debt with an $8\%$ to her capital structure. The debt will be sold at par value. What is the levered value of the equity after taking on the debt?

$$$$2\mathrm{.}15$ million

$$2\mathrm{.}8$million

$$$$3\mathrm{.}15$million

$$$$3\mathrm{.}7$ million

$$$$3\mathrm{.}9$ million