Luther Corporation

Consolidated Balance Sheet

December 31, 2006 and 2005 (in $ millions)

Assets	2006	2005	Liabilities and Stockholders' Equity	2006	2005
Current Assets			Current Liabilities
Cash	62.7	58.5	Accounts payable	87.9	73.5
Accounts receivable	56	39.6	Notes payable / shortterm debt	10.3	9.6
Inventories	45.2	42.9	Current maturities of longterm debt	37.1	36.9
Other current assets	5.8	3.0	Other current liabilities	6.0	12.0
Total current assets	169.7	144.0	Total current liabilities	141.3	132.0
LongTerm Assets			LongTerm Liabilities
Land	64.9	62.1	Longterm debt	236.5	168.9
Buildings	108.3	91.5	Capital lease obligations
Equipment	114.9	99.6
Less accumulated depreciation	(54.3)	(52.5)	Deferred taxes	22.8	22.2
Net property, plant, and equipment	233.8	200.7	Other longterm liabilities
Goodwill	60.0		Total longterm liabilities	259.3	191.1
Other longterm assets	63.0	42.0	Total liabilities	400.6	323.1
Total longterm assets	356.8	242.7	Stockholders' Equity	125.9	63.6
Total Assets	526.5	386.7	Total liabilities and Stockholders' Equity	526.5	386.7

Refer to the balance sheet above. What is Luther's net working capital in 2006?

A. $28.40 million

B. $311.00 million

C. $56.80 million

D. $14.20 million