Dream, Inc., has debt outstanding with a face value of $X million. The value of the firm would be $18.65 million if it were entirely financed by equity. The company also has 360,000 shares of stock outstanding that sell at $41 per share. The corporate tax rate is 35 percent. The expected bankruptcy cost is 0.64 million. If there is no other market friction like agency cost/benefit, what is X?