$($Estimated time allowance: $8$ minutes$)$ Calculate the firm's market value of debt in the following situation:

Debt: A $20-$year bond to be issued today with an embedded cost of $9$ percent and a yield to maturity of $13\%.$ The book value of the bond reported in the balance sheet is $$80,000.$ The tax rate is $20\%.$

Enter your answer round to the nearest dollar; DONOT USE commas; and do not use the dollar $($$$)$ sign. For example, if your answer is $$306,459\mathrm{.}80$ then enter $306460$

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The market value of the firm's debt is