Victoria Enterprises expects earnings before interest and taxes $($EBIT$)$ next year of $$1$ million. Its depreciation and capital expenditures will both be $$300,000,$ and it expects its capital expenditures to always equal its depreciation. Its working capital will increase by $$50,000$ over the next year. Its tax rate is $40\%$ If its WACC is $10\%$ and its FCFs are expected to increase at $4\%$ per year in perpetuity, what is its enterprise value?

The company's enterprise value is : $($Round to the nearest dollar$)$