The balance sheet of Hutter Amalgamated is shown below. If the 12/31/2010 value of operations is $756 million, what is the 12/31/2010 intrinsic market value of equity? Balance Sheet, December 31, 2010 (Millions of Dollars)

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Liabilities and Equity Assets $ 20.0 19.0 Cash Accounts payable Notes payable Marketable securities 77.0 151.0 51.0 S 221.0 Accounts receivable Inventories 100.0 Accruals 200.0 S 397.0 Total current liabilities Long-term bonds Preferred stock Common stock Total current assets 190.0 Net plant and equipment 279.0 76.0 (par plus PIC) Retained earnings Common equity Total liabilities and equity 100.0 89.0 S 189.0 $ 676.0 Total assets $676.0