The balance sheet for Tempest, Inc., is shown here in market value terms. There are 19,000 shares of stock outstanding. Market Value Balance Sheet Cash $120,000 Fixed assets 476,600 Equity $596,600 Total $596,600 Total $596,600 In lieu of a dividend of $1.15, the company has announced it is going to repurchase $21,850 worth of stock. What effect will this transaction have on the equity of the firm? (Do not round intermediate calculations. Input the amount as positive value.) Will reduce shareholders' equity by S 21,850 How many shares will be outstanding after the repurchase? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) New shares outstanding 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.) Share price