Piston Corp. has an expected EBIT of $95,000 in perpetuity and a tax rate of 21 percent. The firm has $265,000 in outstanding debt at an interest rate of 5.8 percent, and its unlevered cost of capital is 11.7 percent. What is the value of the firm according to M&M Proposition with taxes? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Value of the firm