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 in new plant and working capital:

Year

$1234$

Earnings before interest, taxes, depreciation, and amortization $($EBITDA$)$ $ $84$ $ $104$ $ $119$ $ $124$

Depreciation $14242934$

Pretax profit $70809090$

Tax at $30\%21242727$

Investment $13161921$

From year $5$ onward, EBITDA, depreciation, and investment are expected to remain unchanged at year$-4$ levels. Laputa is financed $40\%$ by equity and $60\%$ by debt. Its cost of equity is $15\%,$ its debt yields $6\%,$ and it pays corporate tax at $30\%.$

Estimate the company$$s total value.

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

What is the value of Laputa$$s equity?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 in new plant and working capital:

From year $5$ onward, EBITDA, depreciation, and investment are expected to remain unchanged at year$-4$ levels. Laputa is financed

$40\%$ by equity and $60\%$ by debt. Its cost of equity is $15\%,$ its debt yields $6\%,$ and it pays corporate tax at $30\%.$

a$.$ Estimate the company's total value.

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

b$.$ What is the value of Laputa's equity?

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

a$.$ Total value

b$.$ Laputa's equity