L.A. Clothing has expected earnings before interest and taxes of $2,200, an unlevered cost of capital of 14 percent and a tax rate of 35 percent. The company also has $3,000 of debt that carries a 6 percent coupon. The debt is selling at par value. What is the value of this firm?

$11,264.29

$14,643.57

$13,517.14

$10,137.86

$12,390.71