You are interested in valuing a company that has next years expected free cash flow to the firm of $5.0 million. On its balance sheet, the firm is showing $40 million in debt, net of cash. Its cost of equity is 15% and its WACC is 12%. The sustainable growth rate (long term) is 5%. The firms value of the whole enterprise is closest to:

a. $71 million

b. $113 million

c. $126 million

d. $156 million