Please help solve the following problem:

Calculate the following problem:

HIBIT 4. At the end of 2010 a buyer purchases Widget Company for 7x EBITDA. What is the purchase price? is sold at the end of 201 1 for a us financed in part with $9 0 at at the Semultiple what is the equityEXHIBIT 1 2010 2011 2012 2013 REVENUES 42, 000 44, 500 47, 000 51 , 000 COGS 31 , 200 32, 500 34, 000 36, 800 GROSS PROFIT 10 , 800 12 , 000 13, 000 14 , 200 SG & A 4, 000 4, 100 4, 300 4 , 450 DEPRECIATION 1 , 200 1 , 270 1 , 300 1 , 350 OPERATING INCOME 5 , 600 6, 630 7, 400 8, 400 INTEREST EXPENSE 1 , 900 1 , 700 1 , 300 CAP EX 2 , 200 2 , 300 2 , 300 2 , 400 DEBT O 31 , 600 26 , 600 18, 000fine is the equity 5. How much was the value of the equity in Widget Company worth at the time of purchase? ssumptions as you did in aced with Ou of debt