Marker, Incorporated, wishes to expand its facilities. The company

currently has $6$ million shares outstanding and no debt. The stock sells

for $$30$ per share, but the book value per share is $$8.$ Net income is

currently $$4\mathrm{.}8$ million. The new facility will cost $$45$ million, and it will

increase net income by $$960,000.$ Assume a constant price$-$earnings

ratio.

a$-1.$ Calculate the new book value per share. $($Do not round

intermediate calculations and round your answer to $2$ decimal

places, e$.$g$.,32\mathrm{.}16.)$

a$-2.$ Calculate the new EPS. $($Do not round intermediate calculations

and round your answer to $4$ decimal places, e$.$g$.,32\mathrm{.}1616.)$

a$-3.$ Calculate the new stock price. $($Do not round intermediate

calculations and round your answer to $2$ decimal places, e$.$g$.,$

$32\mathrm{.}16.)$

a$-4.$ Calculate the new market$-$to$-$book ratio. $($Do not round

intermediate calculations and round your answer to $4$ decimal

places, e$.$g$.,32\mathrm{.}1616.)$

b$.$ What would the new net income for the company have to be for

the stock price to remain unchanged? $($Do not round intermediate

calculations and enter your answer in dollars, not millions of

dollars, rounded to the nearest whole number, e$.$g$.,1,234,567.)$