You need to estimate the value of Laputa Aviation. You have the following forecasts $($in millions of dollars$)$ of its profits and of its future investments. Assume working capital is zero.

Year

$1234$

Earnings before interest, taxes, depreciation, and amortization $($EBITDA$)$ $ $88$ $ $108$ $ $123$ $ $128$

Depreciation $28384348$

EBIT $60708080$

Investment $17202325$

From year $5$ onward, EBITDA, depreciation, and investment are expected to remain unchanged at year$-4$ levels. Laputa is financed $50\%$ by equity and $50\%$ by debt. Its cost of equity is $19\%,$ its debt yields $10\%,$ and it pays corporate tax at $30\%.$

Estimate the company$$s total value.

Note: Do not round intermediate calculations. Enter your answer rounded to the nearest whole dollar amount.

What is the value of Laputa$$s equity?

Note: Do not round intermediate calculations. Enter your answer in rounded to the nearest whole dollar amount.