Bentley Corporation and Rolls Manufacturing are considering a merger. The possible states of the economy and each companys value in that state are shown here:

State	Probability	Bentley	Rolls
Boom	.70	$ 330,000	$ 300,000
Recession	.30	130,000	100,000

Bentley currently has a bond issue outstanding with a face value of $145,000. Rolls is an all-equity company.

e-1. How much would shareholders gain or lose in the merger? (Do intermediate calculations and round your answer to the nearest wh e.g., 32. Enter a gain as a positive number and a loss as a negative nu Answer is complete but not entirely correct