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Victoria Enterprises expects earnings before interest and taxes (EBIT ) next year of $1.2 million. Its depreciation and capital expenditures will both be $ 313,000

Victoria Enterprises expects earnings before interest and taxes (EBIT )next year of $1.2million. Its depreciation and capital expenditures will both be $313,000 ,and it expects its capital expenditures to always equal its depreciation. Its working capital will increase by $53,000over the next year. Its tax rate is 35%.If its WACC is 8%and its FCFsare expected to increase at 6%per year inperpetuity, what is its enterprisevalue?

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