Stevenson's Bakery is an all$-$equity firm that has projected perpetual EBIT of $$165,000$ per year. The cost of equity is $11\mathrm{.}9$ percent and the tax rate is $21$ percent. The firm can borrow perpetual debt at $6\mathrm{.}5$ percent. Currently, the firm is considering converting to a debt$$equity ratio of $\mathrm{.}75.$ What is the firm's levered value? MM assumptions hold.