It is January 2nd. Senior management of Baldwin meets to determine their investment plan for the year. They decide to fully fund a plant and equipment purchase by issuing 50,000 shares of stock plus a new bond issue. The CFO happily notes this will raise their Leverage (=assets/equity) to a new target of 2.8. Assume the stock can be issued at yesterdays stock price ($29.57). Which of the following statements are true? Check all that apply in the following:

SELECT THREE!!

- Baldwin will issue stock totaling $1,478,500

- Total investment for Baldwin will be $4,139,800

- The Baldwin bond issue will be $2,661,300

- The Baldwin Working Capital will be unchanged at $10,820

- Total Assets will rise to $218,335,000

- Long term debt will increase from $82,682,197 to $84,160,697