Kline Construction is an all-equity firm that has projected perpetual EBIT of $356,000. The current cost of equity is 13.2 percent and the tax rate is 39 percent. The company is in the process of issuing $972,000 worth of perpetual bonds with an annual coupon rate of 6 percent at par. What is the value of the levered firm? A) $2,024,232 B) $1,827,946 C) $1,645,152 D) $1,480,636 E) $1,926,089