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Over the years, McLaughlin Corporation's stockholders have provided $64 million of capital, when they purchased new issues of stock and allowed management to retain some

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Over the years, McLaughlin Corporation's stockholders have provided $64 million of capital, when they purchased new issues of stock and allowed management to retain some of the firm's earnings. The firm now has 60 million shares of common stock outstanding, and the shares sell at a price of $34 per share. How much value has McLaughlin's management added to stockholder wealth over the years? $2,040 million $98 million $1,976 million -$1,976 million -$98 million

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