A company expects EPS to be $2 next year. The industry average P/E ratio is 8 and Enterprise multiple is 8.79. The EBITDA for the company is $16.93 million. The firm has debt and preferred stock of $4 million and 10 million shares outstanding. What is an estimate of the firm value using the method of comparables for enterprise multiple? Express your answer in millions of dollars rounded to two decimal places.