Bentley Corp. and Rolls Manufacturing are considering a merger. The possible states of the economy and each company$$s value in that state are shown here:

State Probability Bentley Rolls

Boom $0\mathrm{.}70$ $ $312,000$ $ $282,000$

Recession $0\mathrm{.}30$ $ $121,000$ $ $91,000$

Bentley currently has a bond issue outstanding with a face value of $$136,000.$ Rolls is an all$-$equity company's.

a$.$ What is the value of each company's before the merger? $($Enter the answer in dollars, not millions of dollars. Omit $"$$$"$ sign in your response.$)$

Value of Bentley $

Value of Rolls $

b$.$ What are the values of each company$$s debt and equity before the merger? $($Enter the answer in dollars, not millions of dollars. Leave no cells blank$$be certain to enter $"0"$ wherever required. Omit $"$$$"$ sign in your response.$)$

Value of the Rolls equity $

Value of the Rolls debt $

Value of the Bentley's equity $

Value of the Bentley's debt $

c$.$ If the companies continue to operate separately, what are the total values of the companies, the equity, and the debt? $($Enter the answer in dollars, not millions of dollars. Omit $"$$$"$ sign in your response.$)$

Total value $

Total value of the equity $

Total value of the debt $

d$-1.$ What would be the value of the merged company$$s$?($Enter the answer in dollars, not millions of dollars. Omit $"$$$"$ sign in your response.$)$

Merged company value $

d$-2.$ What would be the value of the merged company$$s debt and equity? $($Enter the answer in dollars, not millions of dollars. Omit $"$$$"$ sign in your response.$)$

Merged equity value $

Merged debt value $

e$-1.$ Is there a transfer of wealth in this case?

multiple choice $1$

Yes

No

e$-2.$ This part of the question is not part of your Connect assignment.

f$.$ Suppose that the face value of Bentley$$s debt were $$101,000.$ Would this affect the transfer of wealth?

multiple choice $2$

Yes

No