Herald and Elaine own 280 and 240 shares, respectively, of Captron Corporation stock, which represent all the shares outstanding. The current market value per share is $21. Captron needs capital to expand its operations, and Elaine is willing to contribute to Captron silver bullion against which the corporation can borrow operating funds. Elaine purchased the bullion 12 years ago, when its cost was a fraction of its current market value.

Elaine needs to receive additional shares in exchange for $ worth of silver bullion