An analyst has determined that the appropriate EV$/$EBITDA for Rainbow Company IS $9\mathrm{.}2.$ The analyst has also collected the following forecasted information for Rainbow Company: EBITDA $=20,477,306$

Market value of debt $=71,871,251$

Cash $=1,779,110$

Compute the value of equity for Rainbow Company.

$($Enter your answer as a number, rounded to the nearest whole number, like this: $1234)$