Triad Corporation has established a joint venture with Tobacco Road Construction, Incorporated, to build a toll road in North Carolina. The initial investment in paving equipment is $$189$ million. The equipment will be fully depreciated using the straight$-$line method over its economic life of five years. Earnings before interest, taxes, and depreciation collected from the toll road are projected to be $$25\mathrm{.}1$ million per annum for $20$ years starting from the end of the first year. The corporate tax rate is $21$ percent. The required rate of return for the project under all$-$equity financing is $13$ percent. The pretax cost of debt for the joint partnership is $8\mathrm{.}5$ percent. To encourage investment in the country$$s infrastructure, the U$.$S$.$ government will subsidize the project with a $$120$ million, $15-$year loan at an interest rate of $5$ percent per year. All principal will be repaid in one balloon payment at the end of Year $15.$ What is the adjusted present value of this project? $($Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to $2$ decimal places, e$.$g$.,1,234,567\mathrm{.}89)$Triad Corporation has established a joint venture with Tobacco Road Construction, Incorporated, to build a toll road in North Carolina. The initial investment in paving equipment is $$189$ million. The equipment will be fully depreciated using the straight$-$line method over its economic life of five years. Earnings before interest, taxes, and depreciation collected from the toll road are projected to be $$25\mathrm{.}1$ million per annum for $20$ years starting from the end of the first year. The corporate tax rate is $21$ percent. The required rate of return for the project under all$-$equity financing is $13$ percent. The pretax cost of debt for the joint partnership is $8\mathrm{.}5$ percent. To encourage investment in the country$$s infrastructure, the U$.$S$.$ government will subsidize the project with a $$120$ million, $15-$year loan at an interest rate of $5$ percent per year. All principal will be repaid in one balloon payment at the end of Year $15.$ What is the adjusted present value of this project? $($Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to $2$ decimal places, e$.$g$.,1,234,567\mathrm{.}89)$