Question: Brookman Inc's latest EPS was $ 2 . 7 5 , its book value per share was $ 2 1 . 0 7 , it

Brookman Inc's latest EPS was $2.75, its book value per share was $21.07, it had 315,000 shares outstanding, and its debt/total invested capital ratio was 44%. The firm finances using only debt and common equity, and its total assets equal total invested capital. How much debt was outstanding? Do not round your intermediate calculations.
a. $8,447,155
b. $4,534,200
c. $5,214,825
d. $5,770,800
e. $6,637,050

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