The balance sheet for Throwing Copper, Inc., is shown here in market value terms. There are 28,000 shares of stock outstanding Fixed assets Total Market Value Balance Sheet $ 176,000 557,040 Equity $ 733,040 Total $ 733,040 $ 733,040 The compay has announced it is going to repurchase $44.800 worth of stock instead of paying a dividend of $1.60. What effect will this transaction have on the equity of the firm? (Input the answer as positive value. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Will reduce shareholders' equity by $ 26289 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 28.18 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 $ 688240