You own a wholesale plumbing supply store. The store currently generates revenues of $1.03 million per year. Next year, revenues will either decrease by 10.2% or increase by 4.8%, with equal probability, and then stay at that level as long as you operate the store. You own the store outright. Other costs run $890,000 per year. There are no costs to shutting down; in that case you can always sell the store for $520,000. What is the business worth today if the cost of capital is fixed at 9.7%? (Hint: Make sure to round all intermediate calculations to at least four decimals).