EThe balance sheet for Throwing Copper, Inc., is shown here in market value terms. There are 30,000 shares of stock outstanding. Market Value Balance Sheet Cash $ 137,000 Fixed assets 826,600 Equity $ 963,600 Total $ 963,600 Total $ 963,600 The company has declared a dividend of $1.70 per share. The stock goes ex dividend tomorrow. Ignore all tax effects.
What will the balance sheet look like after the dividends are paid? (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.)
Cash $
Fixed assets
Total $
Equity
Total $