Your firm operates in a world where there are only 2 imperfections. Corporate taxes and firms can default on their debt and go bankrupt. Your firm expect to generate EBIT of $5,400,000 in perpetuity. The company has $10,000,000 of debt. The unlevered cost of equity is 8.40%. The cost of debt is 3.50%. The tax rate is 24.00%. Bankruptcy costs are $5,000,000. The probability of bankruptcy is 30.0%. What is the value the levered firm? (You must include both the tax shield and the expected bankruptcy costs in your calculation.)