BBC is an all equity-financed firm and its firm value is $124,813. It plans to borrow $87,139 perpetual debt at 3% to buy back shares. The corporate tax rate is 37%. If the present value of financial distress costs associated with the debt financing is $19,152, what is the firm value after the recapitalization?

(1) Round your final answers to 4 decimal places.

(2) Do not enter your answers in percentage.