Spark and Genie are all-equity firms. Spark has 16,000 shares outstanding at a market price of $64.70 a share. Genie has 8,300 shares outstanding at a price of $37.20 a share. Spark is acquiring Genie for $343,000 in cash. The synergy of the acquisition is $76,000. What is the value of Genie to Spark?

		$372,180
		$384,760
		$397,410
		$408,250
		$365,270