Masco and Carlisle are all-equity firms. Masco has 60,000 shares outstanding at a market price of $79.50 a share while Carlisle has 17,500 shares outstanding at a price of $56 a share. Masco is acquiring Carlisle for $1,120,000 in cash. The incremental value of the acquisition is $255,000. What is the net present value of acquiring Carlisle to Masco? $147,000 $139,000 $131,000 $123,000 $115,000