Company A has agreed to buy Company B for $65.00/share in stock. Company A and Company Bs stock prices on the day before announcement were $112.00 and $55.00 respectively. Company B has 200,000 shares outstanding, 120,000 exercisable options outstanding with an average exercise price of $28.00 per share, $1.2 million in net debt to be assumed by Company A and minority interests of $250,000 to be acquired for cash.

Calculate the enterprise value of the transaction.

Group of answer choices

$15,250,000

$18,890,000

$16,825,000

$17,440,000