From year $5$ onward, EBITDA, depreciation, and investment are expected to remain unchanged at year$-4$ levels. Laputa is financed $40\%$ by equity and $60\%$ by debt. Its cost of equity is $12\%,$ its debt yields $8\%,$ and it pays corporate tax at $40\%.$

a$.$ Estimate the company's total value. $($Do not round intermediate calculations. Enter your answer in millions rounded to the nearest whole amount.$)$

million

b$.$ What is the value of Laputa's equity? $($Do not round intermediate calculations. Enter your answer in millions rounded to $2$ decimal places.$)$

million