Erling is just learning about mutual funds. He is trying to understand Net Asset Value Per Share $($NAVPS$)$ and knows that it measures the total value of a mutual fund. He is however unsure how to calculate it$.$ Calculate NAVPS based on the following:

Total number of shares outstanding: $29,550,000$

$$ Total assets: $$945,050,000$

$$ Total liabilities: $$299,500,000$

Select one:

$$ a$.$ $$21\mathrm{.}85$

$$ b$.$ $$23\mathrm{.}22$

$$ c$.$ $$19\mathrm{.}42$

$$ d$.$ $$24\mathrm{.}45$

e$.$ $$26\mathrm{.}40$