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Part $1$

Victoria Enterprises expects earnings before interest and taxes $($EBIT$)$ next year of $1\mathrm{.}6$ million. Its depreciation and capital expenditures will both be $$$$298$ comma $000,$ and it expects its capital expenditures to always equal its depreciation. Its working capital will increase by $$$$51$ comma $000$ over the next year. Its tax rate is $40\%.$ If its WACC is $8\%$ and its FCFs are expected to increase at $6\%$ per year in$$ perpetuity, what is its enterprise$$ value?

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Part $1$

The$$ company's enterprise value today is $$$

$$

enter your response here. $($Round to the nearest$$ dollar.$)$