The high demand expected cash flows for a firm for years 1-5 are $100,000, $125,000, $135,000, $200,000, and $400,000. The high demand EBITDA for the firm for year 5 is $525,000. The average industry Market Value/EBITDA ratio for the firm is 8.4. Year 5 is the last year of the explicit period. If a venture capitalist uses 40 and 60 percent discount rates to find the value of the firm when using the Venture Capital Method then calculate the value of the firm using the Venture Capital Method with these two discount rates.