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