Milano Pizza Club owns three identical restaurants popular for their specialty pizzas. Each restaurant has a debt-to-equity ratic of 40 percent and makes interest payments of $36,000 at the end of each year. The cost of the firm's levered equity is 17 percent. Each store estimates that annual sales will be \$1.22 million, annual cost of goods sold will be $519,000, and annual general and administrative costs will be $346,000. These cash flows are expected to remain the same forever. The corporate tax rate is 40 percent