KKR is contemplating an LBO of Tempur-Pedic International (TPX). TPX's 15 million shares currently trade at $25 per share, and the company has $60 million in long-term debt. KKR is offering $35 per share to existing shareholders and plans to finance the buyout using $500 million of debt with an interest cost of debt, rd, equal to 12 percent and $25 million of equity. The interest expenses (in millions) for both the old and new debt are given below. (KKR will be responsible for both the old and new debt after the deal.) After increasing the incentives of the managers with increased equity stakes, KKR projects that TPX will generate free cash flows (FCFs) of $84 million next year (t=1) and will remain the same in nominal terms thereafter. KKR plans to sell TPX after five years (t=5) and anticipates the new owners will maintain a target D/V ratio of 0.30 following the sale. With this D/V of 0.30 , TPX's cost of debt will drop back to 9 percent. In your below analysis of this LBO, you should assume that TPX's unlevered cost of equity, ra, equals 14 percent, and you should use the Miles- Ezzell weighted average cost of capital (WACC). You should also assume the corporate tax rate faced by TPX is 35 percent. Please express all values in millions of dollars and round to two decimal places. What is the base-case NPV of TPX? Your answer should be rounded to two decimal places