The following is a four$-$year forecast for Torino Marine.

$\backslash$table$[[$Year$,2022,2023,2024,2025],[$Free cash flow $($$ millions$),-58,79,96,118]]$

a$.$ Estimate the fair market value of Torino Marine at the end of $2021.$ Assume that after $2025,$ earnings before interest and tax will remain constant at $$200$ million, depreciation will equal capital expenditures in each year, and working capital will not change. Torino Marine's. weighted$-$average cost of capital is $10$ percent and its tax rate is $30$ percent.

Note: Do not round intermediate calculations. Enter your answer in millions rounded to $1$ decimal place.

b$.$ Estimate the fair market value per share of Torino Marine's equity at the end of $2021$ if the company has $43$ million shares outstanding and the market value of its interest$-$bearing liabilities on the valuation date equals $$330$ million.

Note: Do not round intermediate calculations. Round your answer to $2$ decimal places.

$\backslash$table$[[$a$.$ Fair market value,,million$],[$b$.$ Fair market value per share,,$]]$