Baldwin’s balance sheet has $77,547,000 in equity.

Baldwin’s balance sheet has $77,547,000 in equity. Further, the company is expecting net income of 3,000,000 next year, and also expecting to issue $4,000,000 in new stock. If there are no dividends paid what will beBaldwin’s book value?

Select: 1

$84,547,000

$76,547,000

$38,810,000

$30,810,000