At the end of Jarrett Corp. developed the following forecasts of net income:

Forecasted

Year Net Income

$

$

$

$

$

 

 Management believes that after  Jarrett will grow at a rate of  each year. Total common shareholders\' was $ on December  Jarrett has not established a dividend and does not plan to pay dividends during  to  Its cost of equity capital is  What would be Jarretts common shareholders' equity at the end of