Tool Manufacturing has an expected EBIT of $99,000 in perpetuity and a tax rate of 35 percent. The firm has $110,000 in outstanding debt at an interest rate of 7.5 percent, and Its unleveraged cost of capital is 13 percent. What is the value of the firm according to M&M Proposition I with taxes? (Do not round Intermediate calculations and round your final answer to 2 decimal places, e.g.. 32.16.) Value of the firm