On December 31, 2006 a stock analyst has forecasted that hart enterprises should generate free cash flows of $1,500 in 2007 and $2,500 in 2008 and 3,00 in 2009. Thereafter, free cash flow for hart enterprises is expected to grow at an annual rate of 7%. Hart enterprises has a weighted average cost of capital of 10%. Hart enterprises has notes payable and long-term debt of $10,000 and not preferred stock. Hart enterprises has 15,000 shares of common stock outstanding.

What is the total value of Hart enterprises?