Hominy Inc. has debt outstanding with a face value of $$2\mathrm{.}15$ million. The value of the firm if it were entirely financed by equity would be $$11\mathrm{.}4$ million. The company also has $195,000$ shares of stock outstanding that sell at a price of $$47$ per share. The corporate tax rate is $21$ percent. What is the decrease in the value of the company due to expected bankruptcy costs?