Marshall Pottery Barn is a privately owned importer of Indonesian pottery and garden supplies. The firm plans on paying a $1.47 per share dividend on each of its 5,700ordinary shares. Thefirm's most recent balance sheet just before payment of the dividend looks as shownhere:

Cash $17,400 Accounts payable $21,200

Accounts receivable22,000 Notes payable 4,700

Inventories 30,500 Current liabilities 25,900

Current assets 69,900

Fixed assets 129,100 liabilities 32,300

Equity 140,800

Total assets 199,000 Total 199,000

What would happen to thefirm's balance sheet after payment of the cashdividend?