show all work. will upvote.

also estimate firms value of equity using DCF.

P. Random Firm Inc. is anticipated to make earnings before interest and taxes (EBIT) of $500,000, $700,000, and $900,000 in each of the next three years. Depreciation is estimated to be $50,000, $70,000, and $90,000 in each of the next three years, Capital expenditures are estimated to be $80,000, $90,000, and $100,000 in each of the next three years. Incremental increases in working capital requirements are estimated to be $50,000, $75,000, and $100,000 in each of the next three years. Random Firm Inc.'s tax rate is 20 percent. Random Firm Inc.'s cost of capital is estimated to be 9 percent. Free cash flows beyond year 3 are estimated to grow at an annual rate of 2 percent. Random Firm Inc.'s current value of existing debt is $3,000,000. Estimate the firm's aggregate value, using the discounted cash flow method. (1point) 3