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 yesterdays stock price ($34.90) and leverage changes to 2.8. Which of the following statements are true? Select all that apply.

Select: 3

Chester will issue stock totaling $2,617,500

Total liabilities will be 147,223,411

Total assets will rise to $229,420,656

Working capital will remain the same at $11,762,602

The total investment for Chester will be $25,897,839