A new company sold 3.8 million shares of stock at a price of $24 with a par of $.75. Today, one year later, the stock price is at $30 and the firm declared a net profit of $5.5 million and payment of a cash dividend of $.22 per share. What would total equity be now?

		$86.536 million
		$118.664 million
		$95.864 million
		$96.7 million