FINA Corporation was acquired for a purchase price of $15.13 per share. FINA had 18.4 million shares outstanding, $43.3 million in cash and no debt at the time of the acquisition. Given a weighted average cost of capital of 11.1%, and assuming no future growth, what level of annual free cash flow would justify this acquisition price? The level of annual free cash flow that would justify this acquisition price is $ million. (Round to two decimal places.)