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Brookman Inc's latest EPS was $ 2 . 7 5 , its book value per share was $ 2 0 . 5 1 , it

Brookman Inc's latest EPS was $2.75, its book value per share was $20.51, it had 245,000 shares outstanding, and its debt/total invested capital ratio was 44%. The firm finances using only debt and common equity, and its total assets equal total invested capital. How much debt was outstanding? Do not round your intermediate calculations.
a. $3,948,175
b. $5,024,950
c. $6,395,391
d. $3,418,800
e. $4,351,200

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