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 yesterday's stock price of $23.51. Which of the following statements are true? Check all that apply.

a) baldwin will issue stock totaling $1,175,500

b) total investment for baldwin will be $3,291,400

c) the baldwin bond issue will be $2,115,900

d) the baldwin working capital will be unchanged at $9,108

e) total assets will rise to $209,116,000

f) long term debt will increase from $81,159,483 to $82,334,983