Lamps Galore Inc., a manufacturer of table lamps with non-red light bulbs, earns an after-tax return on capital of 12% on its current capital invested ($200 million). You expect the firm to reinvest 60% of its after-tax operating income back into the business for the next three years and 20% thereafter (the stable growth period). The cost of capital for the firm is 10%. Estimate its terminal value (at the end of the third year).