Bluegrass Mint Company has a debt-equity ratio of 0.39. The required return on the company's unlevered equity is 12.6% and the pretax cost of the firm's debt is 6.8%. Sales revenue for the company is expected to remain stable indefinitely at last year's level of $20899006.3. Variable costs amount to 63% of sales. The tax rate is 30% and the company distributes all its earnings as dividends at the end of each year. If the company were financed entirely by equity, how much would it be worth