Kedia Inc. forecasts a negative free cash flow for the coming year, FCF₁ = -$6 million, but it expects positive numbers thereafter, with FCF₂ = $40 million. After Year 2, FCF is expected to grow at a constant rate of 4% forever. Assume the firm has zero non-operating assets. If the weighted average cost of capital is 14.0%, what is the firm's total corporate value, in millions? Do not round intermediate calculations.

a. $345.61 million

b. $416.00 million

c. $333.30 million

d. $321.46 million

e. $265.94 million