Any help is greatly appreciated. Thanks in advance.

Question #3 Alexandria's Dance Studio is currently an all equity firm that has 60,000 shares of stock outstanding with a market price of S24 a share. The current cost of equity is 1 190 and the tax rate is 40%. Alexandria is considering adding $2 million of"permanent" debt with a coupon rte of 7% to her capital structure. The debt will be sold at par value. What is the levered value of the firm (VI)? What is the levered value of the equity