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 Balance Sheet 2021 $37,259 $12,270 $13,208 2022 Common Size 18.2% 6.0% 6.4% $41,573 $11,997 $13,006 $62,737 30.6% $66,576 $235,700 ($93,576) 115.1% -45.7% $221,400 ($77,862) $142,124 69.4% $143,538 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 $204,861 100.0% $210,114 $7,699 $28,334 $88,513 3.8% 13.8% 43.2% $8,885 $43,061 $87,363 $124,546 60.8% $139,309 $44,281 $36,035 21.6% 17.6% $37,1471 $33,659 Total Equity $80,316 39.2% $70,806 Total Liab. & O. Equity $204,861 100.0% $210,114