Trio Corp. will exist for one year. Its terminal cash flows next year will be $800,000 with probability 0.3, $1,200,000 with probability 0.4, or $2,000,000 with probability 0.3. All investors are risk-neutral and require return of 10%. Ignore taxes. What is the value of the firm if it has debt obligations of $1,250,000 next year and the bankruptcy costs are $50.000?