Crystal Manufacturing has sales in the most recent year of $1,000M, and operating margin of 19%. The firm also had capital expenditures of $60M and depreciation expense of $17M. Working capital needs are 12% of sales are expected to persist, while the operating margin is expected to decline by 200 bp in years 4 and 5. The firm expects sales, capex, and depreciation to grow by 14% in Year 1, 12% in Year 2, 10% in year 3, 8% in year 4 and 5% in year 5. After year 5, growth will reach a steady state at 3%, and the return on new invested capital will be 6.95% for the foreseeable future. The firm is financed with $1,000M in debt and $1,200M in equity. Last year, Crystal had $1,215M in equity and $985 in debt. The bondholders require a 4.9% return, and the stockholders require an 10% return. The relevant tax rate is 25%. The firm has $4M in leases, $75M in excess cash and $10M in pension liabilities and 18M shares outstanding.

What is the year 0 EBIT of the firm?