Based on the corporate valuation model, Wang Inc.'s total corporate value is $425 million. Its balance sheet shows $100 million notes payable, $200 million of long- term debt, $40 million of common stock (par plus paid-in-capital), and $160 million of retained earnings. What is the best estimate for the firm's value of equity (in millions)? Show computations for one extra point. O $118 O $148 $125 O $124 O $95

millions)? Show computations for ese extra point. $118 $148 $125 3124 595