3B) ONLY

3. Market Value Vs Book Value June is starting up her business. She has invented a method to clear driveways quickly. She patented such technology, which she believes can be sold for $100,000. She borrowed $2,000 from Bank X and invested $5,000 in equipment assets. Note, her company does not hold any cash balances. a. Create both the company's book value and market value balance sheets. b. Suppose June has issued 3,000 common shares, what is the expected price per share if the business were listed on the Toronto Stock exchange