Cloud.io, a cloud services provider, is being acquired by Vision Equity. The enterprise value of Cloud.io is $875 million, and it has a net debt of $225 million at close. As part of the deal, Cloud.io's existing management team will roll over 30.0% of their proceeds from the sale into the new capital structure to align their interests with Vision Equity. If the management team owns 25.0% of Cloud.io's total equity before the acquisition, how much cash will management receive at the close of the deal? $48.8 million $113.8 million $162.5 million $487.5 million