4P Cho's market value balance sheet shows cash of $485,000; fixed assets of $1,200,000, and equity of $878,000. There are 24,000 shares of stock outstanding. The company has declared a dividend of $1.50 per share. The stock goes ex-dividend tomorrow. Ignore any tax effects. What will be the firm's market equity value after the dividend is paid? $819,560 $804,880 $914,000 $842.000 $878,000