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Based upon the information below, what is the value of the company as of 1 / 1 / 2 0 2 3 ( use the

Based upon the information below, what is the value of the company as of
1/1/2023(use the APV model).
2021 FCF $2,800,000
2022 FCF $2,600,000
2023 FCF $2,800.000
2024 FCF $3,000,000
2025 FCF $3,200,00
2021 Tax Shield $300,000
2022 Tax Shield $310,000
2023 Tax Shield $320,000
2024 Tax Shield $330,000
2025 Tax Shield $340,000
Terminal growth rate: 2.5%
Discount rate : 7%
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