Ryder Systems has expected earnings before interest and taxes of $1,070,000, an unlevered cost of capital of 10.3 percent, and a tax rate of 25 percent. The company has $3,100,000 of debt that carries a 6.2 percent coupon. The debt is selling at par value. Assume the firm maintains this debt amount forever. What is the interest tax shield of the firm in a given year? What is the value of the firm?

		$48,050 and $8,247,933
		$48,050 and $8,826,431
		$48,050 and $8,566,262
		$49,882 and $8,566,262
		$50,092 and $8,566,262