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 2.7. Assume the stock can be issued at yesterdays stock price ($41.76). Which of the following statements are true? Check all that apply.

CHOOSE 3

The Baldwin bond issue will be $3,549,600
	Total Assets will rise to $233,356,000
	Long term debt will increase from $83,635,560 to $85,723,560
	Baldwin will issue stock totaling $2,088,000
	Total investment for Baldwin will be $5,637,600
	The Baldwin Working Capital will be unchanged at $17,469