Change Corporation expects an EBIT of $45,000 every year forever. The company currently has no debt, and its cost of equity is 13 percent. The corporate tax rate is 23 percent. Suppose the company can borrow at 9 percent. What will the value of the firm be if the company takes on debt equal to 40 percent of its unlevered value? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)