Question: Brookman Inc's latest EPS was $ 2 . 7 5 , its book value per share was $ 2 7 . 2 3 , it

Brookman Inc's latest EPS was $2.75, its book value per share was $27.23, it had 240,000 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. $8,317,527
b. $6,535,200
c. $4,616,229
d. $5,134,800
e. $5,875,200

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