Norita Inc. is planning on acquiring Corian Enterprises and you have been given the information on both companies in the table below. Norita Corian Expected after-tax Operating Income next year 150 60 Invested Capital 1000 500 Expected growth rate 3% 3% Cost of capital 9% 9% The combined company will be able to increase its expected after-tax operating income by $30 million next year while leaving the invested capital, growth rates and costs of capital unaffected. Estimate the value of the combined firm in this merger. (The increase in after-tax operating income is a permanent shift)