You live in a Miller$-$Modigliani world with corporate taxes but no personal taxes. An investment costs $$6000$ and is expected to produce earnings before interest and taxes $($EBIT$)$ of $$1000$ in cash forever. The required return on similar$-$risk assets is rA $=10$ percent. The corporate tax rate is Tc $=20$ percent. You plan to invest $$5000$ in perpetual debt at the market rate of rD $=6$ percent and $$1000$ in equity. What is the market value of equity?