NEED HELP PART B. PART A ANSWER IS 31.28

The market value balance sheet for Desktop Manufacturing is shown here. The company has declared a 25 percent stock dividend. The stock goes ex dividend tomorrow (the chronology for a stock dividend is similar to that for a cash dividend). Market Value Balance Sheet $85,000 144,000 Debt $ Cash 690,000 631,000 Fixed assets Equity Total 775,000 $ Total 775,000 $ a. There are 20,000 shares of stock outstanding. What is the current share price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What will the ex-dividend price be? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Current share price b. Ex-dividend price