Cobalt Industries had sales of 159,700 units at a price of $10.99 per unit. It faced fixed operating costs of $249,000 and variable operating costs of $5.47 per unit. The company is subject to a tax rate of 38% and has a weighted average cost of capital of 7.5%. Calculate Cobalt's net operating profits after taxes (NOPAT), and use it to estimate the value of the firm. (Assume the firm's earnings are not growing.)

Cobalt's NOPAT is $____

The value of the firm is $_____