It is December 2020 and you are examining the financial statements of Titan Industries (see below). You know that the company has 10 million shares outstanding and a current share price of $18. You also know that all of its cash is excess cash and that it has a marginal tax rate of 30% What is the Enterprise Value of Titan Industries for 2020? Select the best answer. Balance Sheet (in S-millions) Assets 2020 Liabilities 2020 Cash & Short-Term Investments $10.00 Accounts Payable $10.00 Accounts Receivable $30.00 Short-Term Debt $5.00 Inventory $15.00 Current Maturities of Long-Term Debt $15.00 Other Current Assets $4.00 Other Current Liabilities $9.00 Total Current Assets $59.00 Total Current Liabilities $39.00 Property, Plant & Equipment $150.00 Long-Term Debt $50.00 Less Accumulated Depreciation (540.00) Capital Lease Obligations $0.00 Net Property, Plant & Equipment $110.00 Total Debt $50.00 Goodwill & Intangible Assets $18.00 Deferred Taxes ($12.00) Other Long-Term Assets $23.00 Other Long-Term Liabilities $22.00 Total Liabilities $99.00 Shareholders' Equity $111.00 Total Assets $210.00 Total Liabilities and Shareholders' Equity $210.00 O I. $171 million O II. $240 million O III. $80 million O IV. $180 million OV. $190 million