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Use the following information as of December 31, 2020 for the Hawkeye Corporation: Total Shares Outstanding 1,000,000 Total Assets $56,000,000 Net Income for the year

Use the following information as of December 31, 2020 for the Hawkeye Corporation:

Total Shares Outstanding 1,000,000 Total Assets $56,000,000 Net Income for the year ended 12/31/20 $6,400,000

If the closing price for Hawkeyes stock is $60.00 and the Market to Book ratio for Hawkeye is 4 what is Hawkeyes Stockholders Equity?

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