FinCorp$$s free cash flow to the firm is reported as $$235$ million. The firm$$s interest expense is $$28$ million. Assume the corporate tax rate is $21\%$ and the net debt of the firm increases by $$3$ million. What is the market value of equity if the FCFE is projected to grow at $3\%$ indefinitely and the cost of equity is $12\%?($Round your answer to $2$ decimal places.$)$