The MoMi Corporation's cash flow from operations before interest and taxes was $2 million in the year just ended, and it expects that this will grow by 5% per year forever. To make this happen, the fitm will have to invest an amount equal to 20% of pretax cash flow each yeat. The tax rate is 21 . Depreciation was $200,000 in the year just ended and is expected to grow at the same rate as the operating cash flow. The appropriate market capltalization rate for the unleveraged cash flow is 12% per year, and the firm currently has debt of $4 mililon outstanding. Use the free cash flow approach to value the firm's equily. (Enter your answer in dollars not in millions.)