$5.$ Great Lakes Inc., a regional medical group practice, is considering purchasing a smaller group practice, Eastern Physicians, which has $$20$ million of debt at a cost of $8$ percent. Great Lakes' analysts project that the merger will result in free operating cash flows of $$2$ million in Year $1,$ $$4$ million in Year $2,$ $$5$ million in Year $3,$ and $$117$ million in Year $4.($The Year $4$ cash flow includes a terminal value of $$107$ million.$)$ The acquisition would be made immediately, if it is to be undertaken. Eastern's premerger beta is $2\mathrm{.}0,$ and its post$-$merger tax rate would be $34$ percent. The risk$-$free rate is $8$ percent and the market risk premium is $4$ percent. Eastern has a target of $20$ percent debt for its target capital structure. What is the current value of Eastern's equity?

Write your answer in millions of dollars. Round to two decimal places.