can you please solve number 8

sold at a price of $15 per share. Hinton's common stock is currently selling at a price of $50 per share. What is the firm's market value added (MVA)? 7. Ronstadt Energy Corp. reported $460 million of net fixed assets on its 2011 balance sheet. If Ronstadt reports $38.5 million of depreciation expense on its 2012 income statement, and its capital spending for 2012 was $46.2 million, what amount of net fixed assets will Ronstadt report on its 2012 balance sheet? 8. Detour Corp. issued 10,000 shares of common stock in its initial public offering (IPO) three years ago at a price of $8 per share. One year later they issued another 10,000 shares of common stock at $30 per share. Detour has made no other stock issues. Detour reported retained earnings of $420,000 on last year's balance sheet. For the year just ended, Detour reported net income of $190,000 and paid $30,000 in dividends to its common shareholders. Detour has not repurchased any shares of common stock. What is the book value of equity that Detour reported on its most recent balance sheet? If the shares are now selling for $45 per share, what is the firm's market value added