Mojito Mint Company has a debt–equity ratio of .30. The requiredreturn on the company’s unlevered equity is 14 percent, and thepretax cost of the firm’s debt is 7.1 percent. Sales revenue forthe company is expected to remain stable indefinitely at lastyear’s level of $17,600,000. Variable costs amount to 60 percent ofsales. The tax rate is 40 percent, and the company distributes allits earnings as dividends at the end of each year. If the company were financed entirely by equity, how much wouldit be worth? (Enter your answer in dollars, not millions ofdollars, e.g., 1,234,567. Do not round intermediate calculationsand round your answer to 2 decimal places, e.g.,32.16.)      Value of the company $       b. What is the required return on the firm’s levered equity?(Do not round intermediate calculations and enter youranswer as a percent rounded to 2 decimal places, e.g.,32.16.)      Required return %    c-1. Use the weighted average cost of capital method to calculate thevalue of the company. (Enter your answer in dollars, notmillions of dollars, e.g., 1,234,567. Do not round intermediatecalculations and round your answer to 2 decimal places, e.g.,32.16.)      Value of the company $       c-2. What is the value of the company’s equity? (Enter youranswer in dollars, not millions of dollars, e.g., 1,234,567. Do notround intermediate calculations and round your answer to 2 decimalplaces, e.g., 32.16.)      Value of equity $       c-3. What is the value of the company’s debt? (Enter youranswer in dollars, not millions of dollars, e.g., 1,234,567. Do notround intermediate calculations and round your answer to 2 decimalplaces, e.g., 32.16.)      Value of debt $       d. Use the flow to equity method to calculate the value of thecompany’s equity. (Enter your answer in dollars, notmillions of dollars, e.g., 1,234,567. Do not round intermediatecalculations and round your answer to 2 decimal places, e.g.,32.16.)      Value of equity $