You want to know the equity value of a private firm (not listed in the Stock Exchange) that currently has 4.5 million in debt, and 6.5 million un excess cash (invested in short term securities). Similar listed firms in the same industry have an Enterprise value (EV) to sales of 2.7. If the private firm has sales of around 75 million, what is the approximated equity market value?

A. $198.2

B. $204.5

C. $200.5

D. $215.8