Digby's balance sheet has $84,359,000 in equity. Next year they expect Assets to increase by $4,000,000 and Liabilities to decrease by $2,000,000. If that happens, what will be Digby's book value? Select: 1 Save Answer $78,359,000 $86,359,000 $90,359,000 $42,078,000 Annual Report Digby C59559 Round: 4 Dec. 31, 2023 Balance Sheet 2022 $47,163 $13,808 $9,665 2023 Common Size 23.9% 7.0% 4.9% $37,259 $12,270 $13,208 $70,636 35.8% $62,737 $235,700 ($109,289) 119.6% -55.5% $235,700 ($93,576) $126,411 64.2% $142,124 DEFINITIONS: Common Size: The common ASSETS size column simply represents each item as a percentage of total assets for that year. Cash: Your end-of-year cash position. Accounts Cash Receivable: Reflects the lag between delivery Accounts Receivable and payment of your products. Inventories: The Inventory current value of your inventory across all products. A zero indicates your company Total Current Assets stocked out. Unmet demand would, of course, fall to your competitors. Plant & Equipment: Plant & Equipment The current value of your plant. Accum Deprec: Accumulated Depreciation The total accumulated depreciation from your plant. Accts Payable: What the company Total Fixed Assets currently owes suppliers for materials and services. Current Debt: The debt the company Total Assets is obligated to pay during the next year of operations. It includes emergency loans used to LIABILITIES & OWNERS' keep your company solvent should you run out EQUITY of cash during the year. Long Term Debt: The company's long term debt is in the form of Accounts Payable bonds, and this represents the total value of Current Debt your bonds. Common Stock: The amount of Long Term Debt capital invested by shareholders in the company. Retained Earnings: The profits that the Total Liabilities company chose to keep instead of paying to shareholders as dividends. Common Stock Retained Earnings $197,047 100.0% $204,861 $7,580 $27,868 $77,240 3.8% 14.1% 39.2% $7,699 $28,334 $88,513 $112,688 57.2% $124,546 $44,281 $40,078 22.5% 20.3% $44,281 $36,035 Total Equity $84,359 42.8% $80,316 Total Liab. & O. Equity $197,047 100.0% $204,861