Tool Manufacturing has an expected EBIT of $$93,000$ in perpetuity and a tax rate of $22$ percent. The firm has $$180,000$ in outstanding debt at an interest rate of $6\mathrm{.}5$ percent, and its unlevered cost of capital is $11$ percent. What is the value of the firm according to MM Proposition I with taxes?

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

Value of the firm