The Codex contemnat brown chur To Maps Product Financial distress costs Hornavist, Inc. has debt outstanding with a face value of $4 milion. The value of the form were entirely financed by equity would be $18.45 milion. The company also has 480.000 shares of stock outstanding that sell at a price of 532 per share. The corporate is 35 percent. What is the decrease in the value of the company due to expected bankruptcy costs? Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars. e.g. 1234,5673