The Chester's book value is the $94563000.
What is book value?
As part of numerous financial assessments, the book values of assets are frequently contrasted with market prices. On a company's balance sheet, the difference between its total assets and total liabilities is known as book value.
Chester's balance sheet has $92,563,000 in equity. Assets to increase by $4,000,000. Liabilities to decrease by $2,000,000. Book value is identified are:
= Equity + Assets – liabilities
= $92,563,000 + $4,000,000—$2,000,000
= 96,563,000—$2,000,000
= 94563000 Book value.
As a result, the Chester's book value is the $94563000.
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