3. MarineCo has no debt but does have unfunded pension liabilities valued at $200 million, recorded as a long-term other liability. MarineCo has detailed in its annual report a potential legal judgment of $100 million for defective engines. Since management estimates a 90 percent likelihood the judgment will be enforced against the engine maker and not MarineCo, it has not reported a liability on the balance sheet. The company's marginal tax rate is 30 percent. Based on this information and information provided in Question 2 (assuming no sale of the subsidiary), what is MarineCo's equity value? 3. MarineCo has no debt but does have unfunded pension liabilities valued at $200 million, recorded as a long-term other liability. MarineCo has detailed in its annual report a potential legal judgment of $100 million for defective engines. Since management estimates a 90 percent likelihood the judgment will be enforced against the engine maker and not MarineCo, it has not reported a liability on the balance sheet. The company's marginal tax rate is 30 percent. Based on this information and information provided in Question 2 (assuming no sale of the subsidiary), what is MarineCo's equity value