The duration of the assets of your bank is $5\mathrm{.}3$ years and the duration of your liabilities is $2\mathrm{.}1$ years. Your bank has $$320,000$ in assets, $$300,000$ in liabilities and $$20,000$ in equity. Suppose the current fed funds rate is $2\%$ and the Fed decides to increase the interest rate by $50$ basis points. What is the new equity value of your balance sheet?