It is January 2nd and senior management of Chester meets to determine their investment plan for the year. They decide to fully fund a plant and equipment purchase by issuing 75,000 shares of stock plus a new bond issue. Assume the stock can be issued at yesterday's stock price ($43.87) and leverage changes to 2.7. Which of the following statements are true?

Select all that apply.

Select: 3

Chester will issue stock totaling $3,290,250

Total assets will rise to $242,918,111

Working capital will remain the same at $17,061,693

The total investment for Chester will be $27,955,012

Total liabilities will be $152,341,516