Consider the following information about company G's performance and financial position in year t and t+1:

- Net profit year t = 60; net profit year t+1 = 80

- Beginning book value of equity year t = 900

- Dividend year t = 20; dividend year t+1 = 50

- Cost of equity = 10 percent

If an analyst assumes that company G's abnormal earnings will remain constant in year t+2 and beyond, her estimate of the company's terminal (equity) value at the end of year t+1 under the abnormal earnings growth valuation method is