Assume the following:

Discount rate $-8\%$

Quarterly Dividend $-$ $$2$ per share

Issued Shares $-50$

Treasury Shares $-10$

Authorized shares $-150$

Net Income $-$ $$125$

PE multiple $-16$x

Expected dividend growth rate $-3\%$

What is the total equity value of the company using the PE method? Use $$....$Should be a $4$ digit number that looks like $$8,000$