The balance sheet for Sinking Ship Corp. is shown here in market value terms. There are 5,000 shares of stock outstanding. Cash Market Value Balance Sheet $44,300 Equity 370,000 414,300 Fixed assets Total $ 414,300 Total $414,300 Instead of a dividend of $2.00 per share, the company has announced a share repurchase of $10,000 worth of stock. a. How many shares will be outstanding after the repurchase? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) b. What will the price per share be after the repurchase? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Shares outstanding New stock price 82.86