Crane Corporation is a private company that had EBIT of $231 million and depreciation and amortization of $27 million in the most recent fiscal year. At the end of that year, a similar, public firm has an Enterprise Value/EBITDA multiple of 5.3. What is the implied enterprise value of Crane? (Round answer to 2 decimal places, e.g. 52.27.)

Enterprise value of Crane $_______________ million