Problem $9-4$A $($Algo$)$ Explore the impact of leases on the debt to equity ratio $($LO$9-3,9-8)$

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Thrillville has $$39\mathrm{.}3$ million in bonds payable. One of the contractual agreements in the bond is that the debt to equity ratio cannot exceed $2\mathrm{.}0.$ Thrillville$$s total assets are $$79\mathrm{.}3$ million, and its liabilities other than the bonds payable are $$9\mathrm{.}3$ million. The company is considering some additional financing through leasing.

Problem $9-4$A $($Algo$)$ Part $1$

Required:

$1.$ Calculate total stockholders' equity using the balance sheet equation. $($Enter your answer in millions rounded to $1$ decimal place $($i$.$e$.,$ $$5,500,000$ should be entered as $5\mathrm{.}5).)$