You are trying to value Hollow Inc. and have estimated the following cash flows for the firm for its high growth period:

	Last Year	1	2	3
Expected Growth Rate		7.5%	7.5%	7.5%
EBIT (1-t)	$100.00	$107.50	$115.56	$124.23
+ Depreciation	$20.00	$21.50	$23.22	$25.08
- Cap Ex	$80.00	$86.00	$92.88	$100.31
FCFF	$40.00	$43.00	$45.90	$49.00
Cost of Capital		10%	10%	10%

After year 3, Hollow Inc. is expected to be a mature firm, growing 2.5% a year in perpetuity with a cost of capital of 8%. If the company will earn the same return on capital (as it is expected to earn in years 1-3) in perpetuity, estimate the terminal value of the firm, i.e.., the value of the firm at the of year 3.