Alexandra's is being acquired by David's for $75,000 cash. The acquisition is being financed internally from retained earnings. Alexandras currently has 3,000 shares of stock outstanding at a price of $24 a share. Davids has 10,000 shares outstanding with a market value of $48 a share. The acquisition will create $4,000 of synergy. What is the value of Davids after the acquisition?

		$556,000
		$409,000
		$438,000
		$521,000
		$481,000