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Firm B is willing to be acquired by firm A at a price of $14 a share in either cash or stock. The incremental value

Firm B is willing to be acquired by firm A at a price of $14 a share in either cash or stock. The incremental value of the proposed acquisition is estimated at $280,000.

Firm A Firm B

Number of shares 50000 80000

Price per share $18.00 $15.00

Debt $0 $0

What is the value of firm B to firm A? (Omit $ sign in your response. if your answer is $12345.67, enter 12345.67)

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