Estimate the value of a firm with the following characteristics: Annual revenues are $775,000, cash expenses as a % of revenues of 20%, no depreciation expense, tax rate of 20%. These variables will not change over the projection period. The firm will earn after tax cash flows from operations for three more years. At the end of three years, the firm will be sold at a price estimated using a P/E ratio multiple of 15. The firm has shares outstanding of 10. The firm's WACC is 10%