The equity section of a firms market value balance sheet has common stock of $51,000 (par value $1); capital surplus of $218,300; and retained earnings of $329,700. The firms stock sells for $41 a share. If the firm repurchases $35,000 of stock, what will be the new market value of the firms total equity? $548,571 $578,450 $599,000 $598,146 $564,000