You have the following information for a company you are valuing and for a comparable company:

Comparable company:		Company you are valuing:
Stock price = $23.00		Value of debt = $3.50 million
Number of shares outstanding = 6.20 million		Est. EBITDA next year = $4.00 million
Value of debt = $18.00 million		Est. income next year = $1.60 million
Est. EBITDA next year = $16.00 million
Est. income next year = $5.00 million

Estimate the enterprise value of the company you are evaluating using the P/E and enterprise value/EBITDA multiples. (Round intermediate calculation and final answer to 2 decimal places, e.g. 15.25.)

Enterprise Value of the company: ________ million