Consider a project with free cash flows in one year of $100,000 in a weak economy or $120,000 in a strong economy, with each outcome being equally likely.The project's cost of capital is 15%.The risk-free interest rate is 5%. Suppose that to raise the funds for the initial investment the firm borrows $30,000 at the risk free rate and issues new equity to cover the remainder.In this situation, the present value of the firm's levered equity from the project is closest to: