Mirror Emporium, Lid. is currently an all$-$equity firm that has $395,000$ shares of stock outstanding with a market price of $$19\mathrm{.}50$ a share. The current cost of equity is $15\mathrm{.}5\%,$ and the tax race is $24\%.$ The fim is considering adding $$925,000$ of debt with a coupon rate of $8\%$ to its capital structure. The debt will be sold at par value. What is the levered value of the equity?

$$6,999,500$

$$8,716,950$

$$7,528,275$

$$7,349,475$

$$7,132,050$