using picture 1 how would i solve for part b in picture 2?

of your last name Name: Exercise #1: Here are simplified financial statements of ABC Electronics, Inc. INCOME STATEMENT (in millions of dollars) Net sales 12,800 Cost of goods sold 3,860 Other expenses 4,127 Depreciation 2,398 Earnings before interest and taxes (EBIT) Interest expense 2,415 665 Income before tax Taxes (at 30%) 1,750 525 Net income Dividends 1,225 836 Start of Year BALANCE SHEET (in millions of dollars) End of Year Assets Cash and marketable securities 85 Receivables 2,182 Inventories 167 Other current assets 154 2,410 218 912 847 Total current assets Net property, plant, and equipment Other long-term assets 3,281 19,933 4,176 3,694 19,875 3,730 27,390 27,299 Total assets Liabilities and shareholders' equity Payables Short-term debt Other current liabilities 2,524 1,399 791 3,000 1,553 767 Total current liabilities Long-term debt and leases Other long-term liabilities Shareholders equity 4,714 8,014 6,138 8,524 5,320 7.549 6,109 8,321 Total liabilities and shareholders equity 27,390 27 299 B. ABC Electronics' stock price was $80 at the end of the year and there 197 million shares outstanding. ABC Electronics' cost of capital was 8.0%. Compute: Market capitalization $ ........... [12]