The market value balance sheet for XYZ, Inc. is shown here. The company has declared a 25 percent stock dividend. The stock goes ex dividend tomorrow (the chronology for a stock dividend is similar to that for a cash dividend). There are 15,000 shares of stock outstanding. Cash Fixed assets Total Market Value Balance Sheet $224,000 Debt $138,000 307,000 Equity 393,000 $531,000 Total $531,000 What is the stock price today? Google is investigating a lockbox system to reduce its collection time. It has determined the following: Average number of payments per day Average value of payment Variable lockbox fee (per transaction) Daily interest rate on money market securities 435 $1,025 $ 30 .068% 22 The total collection time will be reduced by three days if the lockbox system is adopted. a. What is the PV of adopting the system? (Do not round intermediate calculations and round your answer to the nearest whole dollar amount, e.g., 32.) b. What is the NPV of adopting the system? (Do not round intermediate calculations and round your answer to the nearest whole dollar amount, e.g. 32.) c. What is the net cash flow per day from adopting the lockbox system? Per check? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) a. PV b NPV c Net cash flow Not cash flow per day Der check