Income approaches: Shenandoah Corp. is expected to grow rapidly in the next four years and then have a zero growth rate for the foreseeable future....

Income approaches: Shenandoah Corp. is expected to grow rapidly in the next four years and then have a zero growth rate for the foreseeable future. The firm expects free cash flows of $42.5 million, $64.3 million, $77.1 million and $92 million over the next four years, and thereafter its cash flows will stay constant. The company has cash to the tune of $23.4 million. If the appropriate WACC is 10 percent, what is the enterprise value of this business? Round to the nearest million.