Firm A currently has 40,000 shares of stock outstanding at a market price of $18 a share. Firm B has 12,000 shares outstanding at a price of $31 a share. Firm Bis willing to be acquired by firm A at a price of $34 a share in cash. The incremental value of the proposed acquisition is estimated at $80,000. What is the value of firm AB if the merger is an all cash deal? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a $640,000 b $720,000 $764,000 d $806,000 e $1,172,000