$7.$ Baldwin Balance sheet has $$75,249,000$ in equity, further, the company is expecting net

income of $$3,000,000$ next year. And also expecting to issue $$4,000,000$ in new stock. If

there is no dividend paid, what will be Baldwins book value?

a$)82,249,000$

b$)74,249,000$

c$)36,694,000$

d$)28,694,000$