Stuart, Inc. reported net income of $20 million for last year. Depreciation expense totaled $15 million and capital expenditures came to $5 million. Free cash flow is expected to grow at a rate of 5% for the foreseeable future. Stuart faces a 40% tax rate and has a 0.40 debt to equity ratio with $75 million (market value) in debt outstanding. Stuart's equity beta is 1.3, the risk-free rate is currently 6% and the market risk premium is estimated to be 9.0%. What is the current value (in millions) of Stuart's equity?