Acompany manages the investment portfolio for the river run mutual fund. at the close of business on june 8, year 3,
the fund's navps was $254 and the nav was $12,700,000, with 50,000 total shares outstanding. during the course of
business on june 9, year 3, the total assets of the portfolio increased by $125,000, and the number of shares
outstanding increased by 5,000, with no change to total liabilities. calculate the navps at the close of business for
june 9.