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$)$ $ $89$ $ $109$ $ $124$ $ $129$

Depreciation $29394449$

Pretax profit $60708080$

Tax at $30\%18212424$

Investment $18212426$

From year $5$ onward, EBITDA, depreciation, and investment are expected to remain unchanged at year$-4$ levels. Laputa is financed $60\%$ by equity and $40\%$ by debt. Its cost of equity is $20\%,$ 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?