Given the following data, what is the enterprise value of the company?

Free cash flow (FCF) for year 1 $50m

FCF for year 2 $50m

Continuing value of FCF at t = 2 $291.6m

Interest tax shield (ITS) for year 1 $5m

ITS for year 2 $5m

Continuing value of ITS at t = 2 $17.5m

Unlevered cost of equity 8%

WACC 7%

Midyear adjustment factor $4m

Excess cash and investments $18m

a) $301m b) $285m c) $349m d) $100m