Question $27$

Labrador technologies Inc. plans to become public soon; the board of directors asked for your help. The

firm has $$2,020,984$ in preferred equity and the market value of its outstanding debt equals $$2,957,301.$

The WACC for this firm is estimated to be $7\mathrm{.}81\%.$ Management's forecast of FCFs is shown below; year $1$

represents one year from today and so on$.$ The company expects to grow at a $3\mathrm{.}8\%$ rate after Year $5.$ In today's

dollars, What is the present value of the terminal value of this company? Round your answer to the nearest

penny and enter it in the box below.