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	63.163.1	58.5	Accounts payable	86.186.1	73.5
Accounts receivable	56.256.2	39.6	Notes payable / short-term debt	1010	9.6
Inventories	45.245.2	42.9	Current maturities of long-term debt	38.938.9	36.9
Other current assets	5.75.7	3.0	Other current liabilities	6.0	12.0
Total current assets	170.2170.2	144.0	Total current liabilities	141141	132.0
Long-Term Assets			Long-Term Liabilities
Land	65.565.5	62.1	Long-term debt	238.8238.8	168.9
Buildings	109.2109.2	91.5	Capital lease obligations
Equipment	115.4115.4	99.6
Less accumulated depreciation	(55.155.1)	(52.5)	Deferred taxes	22.8	22.2
Net property, plant, and equipment	235235	200.7	Other long-term liabilities	minusminusminus	minusminusminus
Goodwill	60.0	minusminus	Total long-term liabilities	261.6261.6	191.1
Other long-term assets	63.0	42.0	Total liabilities	402.6402.6	323.1
Total long-term assets	358358	242.7	Stockholders' Equity	125.6125.6	63.6
Total Assets	528.2528.2	386.7	Total liabilities and Stockholders' Equity	528.2528.2	386.7

Refer to the balance sheet above. If in 2006 Luther has 10.2 million shares outstanding and these shares are trading at $16 per share, then what is Luther's enterprise value?