Victoria Enterprises expects earnings before interest and taxes (EBIT) Next year of $ 1million. 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 it's WACC is

10 % and its FCFs are expected to increase at 4 % per year inperpetuity,

what is its enterprisevalue?Thecompany's enterprise value is $(Round to the nearestdollar.)