Tool Manufacturing has an expected EBIT of $ 38,000 in perpetuity and a tax rate of 36 percent. The firm has $ 76,000 in outstanding debt at an interest rate of 12 percent, and its unlevered cost of capital is 13 percent. The value of the firm is $ -------------according to MM Proposition I with taxes. (Do not include the dollar sign ($). Round your answer to 2 decimal places. (e.g., 32.16))