The Maxwell Company is financed entirely with equity. The company is considering a loan of $$1\mathrm{.}73$ million. The loan will be repaid in equal principal installments over the next two years, and it has an interest rate of $7$ percent. The company's tax rate is $22$ percent. According to MM Proposition I with taxes, what would be the increase in the value of the company after the loan? $($Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to $2$ decimal places, e$.$g$.,1,234,567\mathrm{.}89.$

Increase in company value