Tool Manufacturing has an expected EBIT of $83,000 in perpetuity and a tax rate of 25 percent. The firm has $235,000 in outstanding debt at an interest rate of 5.2 percent, and its unlevered cost of capital is 11.1 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