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Chester's balance sheet has $80,174,000 in equity. Further, the company is expecting net income of 3,000,000 next year, and also expecting to issue $4,000,000 in

Chester's balance sheet has $80,174,000 in equity. Further, the company is expecting net income of 3,000,000 next year, and also expecting to issue $4,000,000 in new stock. If there are no dividends paid what will beChester's book value?

a)87,174,000

b)79,174,000

c)43,490,000

d)35,490,000

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