Erling is just learning about mutual funds. He is trying to understand Net Asset Value Per Share $($NAVPS$)$ and knows that it measures the total value of a mutual fund. He is however unsure how to calculate it$.$ Calculate NAVPS based on the following:

Total number of shares outstanding: $29,550,000$

Total assets: $$945,050,000$

Total liabilities: $$299,500,000$

Select one:

a$.$

$$21\mathrm{.}85$

b$.$

$$19\mathrm{.}42$

c$.$

$$24\mathrm{.}45$

d$.$

$$26\mathrm{.}40$

e$.$

$$23\mathrm{.}22$