Athena, LLP is a private equity fund located in Brookline, MA. The firm is considering acquiring a 25 percent stake in Princess Leia, Inc., a large private company headquartered in Orlando, Florida. As part of the process of evaluating the acquisition, your boss at Athena has asked you to perform a valuation of Princess Leia, Inc. You have collected the following abbreviated financial statements data to help you with your analysis. All dollar amounts are in millions. General and administrative expenses include $48.50 million and $27.50 million in stock-based compensation for 2019 and 2018, respectively. Princess Leia's free cash flows are expected to grow at the rate of 30% per year from 2019 to 2022, but the growth rate is expected to decline steadily each year after 2022 to a stable growth rate of 3% per year by 2032. The company's cost of capital is 18% and its combined marginal tax rate is 25%. Since Princess Leia is a private company, you understand that an illiquidity discount is necessary and have estimated that a discount of 30% is appropriate. Athena typically applies a 15% minority discount to acquisitions of a non-controlling stake in private companies. What is the maximum amount Athena can offer for the 25 percent stake in Princess Leia? Assume that the long-term debt has a market value of $308 million as of the end of fiscal year (FY) 2019.