A business owner wants to sell his business but needs help to determine his business value. He has asked you to help. His business has EBITDA of $910,000 and has averaged this amount for five years. His net income is $3,000,000 and depreciation of $1,000,000 and long-term debt of $500,000. The company will use a multiplier of 2 to determine the company's value. Based on the EBITDA valuation method, method, what is the value of the company?