A company is comparing two different capital structures: an unlevered plan and a levered plan. Under the unlevered plan, the company would have 2,200 shares of stock outstanding. Under the levered plan, there would be 1,200 shares of stock outstanding and $23,000 in debt outstanding. The interest rate on the debt is 6 percent. There are no taxes. What is the value of the company under the unlevered plan? Enter your answer in the box shown below as dollars with 2 digits to the right of the decimal point