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x The book value of Astoria Company is $6,000. Total assets are $9,000. Residual income one year from now will be $25. Residual income is

x The book value of Astoria Company is $6,000. Total assets are $9,000. Residual income one year from now will be $25. Residual income is expected to grow at 1.4% annually, forever. Using the residual income valuation model, If the required return is 18%, what is the value of Astoria? Round your answer to the nearest dollar (no decimal points) Do not use the dollar sign. Selected Answer: 6128

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