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Bayside Fishing Supply Co . is acquiring Fishing Lure Specialists for $ 2 5 , 2 5 0 in cash. Bayside Fishing Supply Co .

Bayside Fishing Supply
Co.is acquiring Fishing Lure Specialists for $25,250 in cash. Bayside Fishing Supply Co. has 2,350 shares outstanding at a market price per share of $39. Fishing Lure Specialists has 1,500 shares outstanding at $16 per share. Neither firm has outstanding debt. The incremental value (synergy) of the acquisition is $2,300. What is the value of Bayside Fishing Supply Co. after the acquisition?
$89,150
$56,650
$88,950
$92,700
$73,750
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