Victoria Enterprises expects earnings before interest and taxes (EBIT) next year of

$ 2million. Its depreciation and capital expenditures will both be $ 294,000, and it expects its capital expenditures to always equal its depreciation. Its working capital will increase by $ 47,000 over the next year. Its tax rate is 35 %. If its WACC is 10 % and its FCFs are expected to increase at 6 % per year inperpetuity, what is its enterprisevalue?

The company's enterprise value is $(Round to the nearestdollar.)