Farmington Company can borrow at $71$ percent. The company currently has no debt and the cost of equity is $11\mathrm{.}5$ percent. The current value of the firm is $$665,000.$ The corporate tax rate is $24$ percent. What will the value be if the company borrows $$380,000$ and uses the proceeds to repurchase shares?

Note: Do not round intermediate calculations and round your answer to the nearest whole number, e$.$g$.,32.$

Value of the firm