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Brookman Inc's latest EPS was $ 2 . 7 5 , its book value per share was $ 1 9 . 9 5 , it

Brookman Inc's latest EPS was $2.75, its book value per share was $19.95, it had 235,000 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. $5,966,864
b. $3,683,625
c. $3,175,857
d. $4,688,250
e. $4,042,000
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