Discount Motor Parts Has Agreed to Merge with Automotive, Inc

Discount Motor Parts has agreed to merge with Automotive, Inc. for $275,000 worth of Automotive stock. Automotive has 32,000 shares of stock outstanding at a price of $27.40 a share. Discount has 14,500 shares outstanding with a market value of $18.78 a share. The incremental value of the acquisition is $2,100. What is the value of Automotive, Inc., after the merger?

A) $876,210
B) $876,800
C) $878,900
D) $1,050,990
E) $1,151,210