Firebird, Inc. is investigating the (possible) purchase of Firm Firebird, Inc. and Firm A are considered to be similar in nature and risk. Firebird's current and target capital structure includes 50% Debt, 15% Preferred Stock and 35% Common Stock. Firebird's bonds pay annual interest at a rate of 15%. The required rate of return by Preferred Stockholders is 20%. The cost of equity for Common Stock is 24%, and the After-Tax Rate is 80% For an indefinite period of time, Firm A is expected to have annual retention of $30,000 on a 30% Retention Rate. Firebird, Inc. and Firm A have the same fiscal year, and Firebird proposes to acquire Firm A one day after year-end (i.e.: the first day of next fiscal year) Based upon the aforementioned information, please find the maximum price that Firebird, Inc. would pay to acquire Firm A