\#4. Below, we present an income statement and balance sheet for Pitt Panther Corp. The company's debt and preferred stock balance sheet values are approximately equal to their market values. The Company has a 40% income tax rate on all income. The company has land included in its Property, Plant, and Equipment, Net that it does not use in its operations, and the land has no effect on the company's revenues or expenses. The current market value of the land is $15,000. Use the market multiples from Problem 3 to estimate Pitt's enterprise value and equity value..