Current value of a corporation is $455,453 and it is 100% equity financed. The corporation is considering restructuring so that it is 58% debt financed. If the corporations corporate tax rate is 20%, the typical personal tax rate of an investor in the firm's stock is 20%, and the typical tax rate for an investor in the corporations debt is 25%, what will be the new value of the corporation under the MM theory with corporate taxes but no possibility of bankruptcy.

Round the answer to two decimals.