You are trying to calculate the enterprise value of DCB Corp using a free cash flow model. To that end you have put together some forecast for year 1 in the table below. Assume that free cash flows will grow at 1.5% in perpetuity and that the weighted average cost of capital of the firm (WACC) is 8%. Using this information, calculate the enterprise value of the firm. Express your answer in $-millions and round to two decimals (do not include the $-sign in your answer).

Forecasts for Year 1 (in $ millions)

Sales	132
Cost of sales	48
Selling, general and administrative expenses	8
Depreciation	28
Increase in Net Working Capital	7
Capital expenditures	30
Marginal corporate tax rate	28%