An unlevered firm has a value of $500 million. an otherwise identical but levered firm has $160 million in debt. under the miller model, what is the value of the levered firm if the corporate tax rate is 40%, the personal tax rate on equity is 15%, and the personal tax rate on debt is 30%? enter your answer in millions. for example, an answer of $1.2 million should be entered as 1.2, not 1,200,000. do not round intermediate calculations. round your answer to two decimal places.$ million

Avillage levied property taxes of $910,000 for calendar year 2019 on january 1, 2019 and immediately set up an allowance of $10,000 for uncollectible taxes. the village collected $870,000 in cash during 2019. it expected to collect $22,000 of the unpaid taxes during the first 60 days of 2020 and an additional $8,000 during the rest of 2020. how much should the village recognize as property tax revenues in its 2019 general fund financial statements? a) $870,000 b) $892,000 c) $900,000 d) $910,000