Book value at the end of 2018 was $5,000. Comprehensive income is forecast to be $610 in 2019, and $690 in 2020. Cash dividends are forecast to be $40 in 2019, and $47 in 2020. After 2021, residual income is forecast to grow at 2.0% per year. If the required return is 12%, what is the value of the company's equity at the end of 2018?