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.

Answer is complete but not entirely correct.