Use the information for the question(s) below. Consider a project with free cash flows in one year of $90,000 in a weak economy or $117,000 in a strong economy, with each outcome being equally likely. The initial investment required for the project is $80,000, and the project's cost of capital is 15%. The risk-free interest rate is 5%. Suppose that to raise the funds for the initial investment the firm borrows $80,000 at the risk-free rate, then the value of the firm's levered equity from the project is closest to:

		$0.
		$10,000.
		$8600.
		$6000.