Victoria Enterprises expects earnings before interest and taxes ?(EBIT?) next year of $ 1.6 million. Its depreciation and capital expenditures will both be $ 314000 ?, and it expects its capital expenditures to always equal its depreciation. Its working capital will increase by $ 53000 over the next year. Its tax rate is 37% . If its WACC is 11 % and its FCFs are expected to increase at 3 % per year in? perpetuity, what is its enterprise? value? ( Please show breakdown)