Question 1 (of 6) Save & Exit The MoMi Corporation's cash flow from operations before interest and taxes was $2.8 million in the year just ended, and it expects that this will grow by 5% peryear forever. To make this happen, the firm will have to invest an amount equal to 16% of pretax cas! flow each year. The tax rate is 35%. Depreciation was $240,000 in the year just ended and is expected to grow at the same rate as the operating cash flow. The appropriate discount atefor the u leveraged cash flow is 13% per year, and the firm currenty has debt of $4.4 million outstanding. Use the free cash flow approach to value the firm's equity. (Do not round intermediate calculations. Omit the "$ sign in your response.) Value of the equity