LA HasClothing Has Expected Earnings Before Interest and Taxes of $48,900,an

L.A.Clothing has expected earnings before interest and taxes of $48,900,an unlevered cost of capital of 14.5 percent,and a tax rate of 34 percent.The company also has $8,000 of debt that carries a 7 percent coupon.The debt is selling at par value.What is the value of this firm?

A) $222,579.31
B) $223,333.33
C) $224,108.16
D) $225,299.31
E) $225,476.91