Dutty Enterprises has issued common stock, preferred stock, and debt to finance its operation. The table below shows financial information on the firm. 2018 Balance Sheet: Interest bearing debt $589,708.00 Preferred stock $47.438.00 Shareholder equity $750,000.00 Dutty has publicly .ded common stock that has a capitalization currently of $1,950,687 00, An analyst has estimated that the cost of debt for Outly is 7.00%, the cost of the preferred stock is 10.00%, and the cost of the common equity is 16.00%. Duffy has a marginal tax rate of 35.00% Ignoring any cash on the balance shoot, what is the value of Duffy Enterprises? (HINT. This is the enterprise value) Submit Answer format: Currency Round to 2 decimal places