Suppose that XYZ Corp. will generate free-cash-flows (FCF) of $300 at the end of the year. XYZ has a cost of equity capital of 15%, a cost of debt capital of 5%, a market value debt-to-equity ratio of 0.5, and faces a 21% tax rate. Assuming that XYZs FCF will grow by 3% per year in the future, and XYZ Corp. has in debt with a market value of $2000, what is the value of XYZs Corp. equity? Round your final answer to two decimals?