FinCorp$$s free cash flow to the firm is reported as $$260$ million. The firm$$s interest expense is $$33$ million. Assume the corporate tax rate is $21\%$ and the net debt of the firm increases by $$8$ million.

What is the market value of equity if the FCFE is projected to grow at $3\%$ indefinitely and the cost of equity is $12\%?$

Note: Do not round intermediate calculations. Enter your answer in millions of dollars rounded to $2$ decimal places.