Based solely on the information provided in the fact pattern below, what is the dollar value of the cumulative Preferred Dividend available for distribution to Preferred Equity holders at closing? Your answer should be presented in $ millions, rounded to the nearest tenth (e.g., $150,784,555 should be presented as $150.8).

• $97.5
• $39.7
• $0.0
• $16.5
• $114.0