FinCorp's free cash flow to the firm is reported as $$285$ million. The firm's interest expense is $$38$ million. Assume the corporate tax rate is $21\%$ and the net debt of the firm increases by $$7$ 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.

Answer is complete but not entirely correct.

$\backslash$table$[[$Market value of equity,$$,2,910\mathrm{.}89,$million$]]$