Candyland has a net income of $$700,000,$ depreciation expense of $$200,000,$ and capital expenditures of $$150,000.$ Candyland has an expected constant growth rate in FCF of $2\mathrm{.}1\%,$ and an average tax rate of$42\%.$ Assume the company has a debt$-$to$-$equity ratio of $0\mathrm{.}25($with $$2$ million in debt$)$; the current equity beta is $1\mathrm{.}16$; the risk$-$free rate is $2\%$; and the market risk premium is $3\mathrm{.}3\%.$ Determine Candyland$$s net equity value. Round asset beta to three decimals, discount rate k to two decimals in percentage, and net equity value to the nearest dollar.