Tool Manufacturing has an expected EBIT of $71,000 in perpetuity and a tax rate of 24 percent. The firm has $205,000 in outstanding debt at an interest rate of 4.6 percent, and its unlevered cost of capital is 10.5 percent What is the value of the firm according to M&M Proposition I with taxes? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Value of the firm