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Question 13 10 pts NDS Industries is evaluating a project with an initial investment of $1,250,000. The present value of the levered cash flows is

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Question 13 10 pts NDS Industries is evaluating a project with an initial investment of $1,250,000. The present value of the levered cash flows is $825,500 and the net present value of the project is $245,500. What is the amount borrowed using the flow-to-equity? (Do not round your intermediate calculations. Round only your final answer up to 2 decimal places. Note: Your final answer must be in dollars without the $ sign at the beginning)

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