Beyond 2023, you expect FCFF to continue to grow at a constant rate of 5% per year indefinately. The company's weighted average cost of capital is 6.82%, and their cost of equity is 7.5%. The market value of the firm's debt is $77.54B and the book value of the debt is $65.9B.

Given this information, what is the value of Amazon at the end of year 2019?

• 
  

AMAZON.COM, INC. FORECAS TED STATEMENTS OF OPERATIONS (in millions) Net product sales Net service sales 2019 2020 2021 2022 2023 94,665 118,573 141,915 160,408 41,322 59,293 90,972 120,114 135,987 177,866 232,887 280,522 Total net sales Operating expenses: Cost of sales Fulfillment Marketing Technology and content 80,149 100,456 123,815 143,747 17,619 25,249 34,027 40,232 7,233 10,069 13,814 35,931 16,085 22,620 28,837 18,878 General and administrative 2,432 3,674 4,336 5,203 Depreciation and Amortization 8,116 11,478 15,341 21,789 Other operating expense, net 167 214 296 201 Total operating expenses 131,801 173,760 220,466 265,981 EBIT 4,186 4,106 12,421 14,541 Total Interest expense 294 300 1,160 565 EBT 3,892 3,806 11,261 13,976 Income taxes 1,425 769 1,197 2,374 Net income 2,467 3,037 10,064 11,602 Total Current Assets 35,705 45,781 60,197 75,101 96,334 Total Current Liabilities 33,887 43,816 57,883 68,391 87,812 Capital Expeditures 6,700 10,100 11,300 12,700