What is the immediate value of beq needed to calculate the target address (99900) if the branch is taken?

Remember: PC-relative address = (PC + 4) + (Offset x 4)

(Decimal)

Start:	jal AVERAGE	99900	3
Loop:	sll $t1, $s3, 2	100000	0	0	19	9	2	0
	add $t1, $t1, $s7	100004	0	9	23	9	0	32
	addi $s0, $t1, -5	100008	8	9	16
	lw $t0, 0($t1)	100012	35	9	8	0
	bne $t0, $s5, Exit	100016	5	8	21
	addi $s3, $s3, 1	100020	8	19	19	1
	beq $s3, $t3, Start	100024	4	19	11	???????????????
	j Loop	100028	2
Exit:		100420
AVERAGE:		101000

(-)

Offset value =