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B512 Solutions to Chapter 4 Problems B512 SOLUTIONS TO CHAPTER 4 PROBLEMS4-5 a. AFN = (A*/S)(ΔS) – (L*/S)(ΔS) – MS1(1 – d) = [pic 1]($70) – [pic 2]($70) – [pic 3]($420)(0.6) = $13.44 million.b. Upton ComputersPro Forma Balance Sheet .