Nelson Farms has 6,500 shares of stock outstanding, with a market value of $13.30 a share, and $31,000 of long-term debt, bearing an interest rate of 7.1 percent. Current assets consist of $1,600 in cash, $15,700 in accounts receivable, and $42,900 in inventory. Accounts payable are $11,300. What is the firm's enterprise value?

Multiple Choice

• $184,250

• $117,450

• $121,600

• $157,600

• $115,850