The balance sheet for Throwing Copper, Inc., is shown here in market value terms. There are 34,000 shares of stock outstanding.

Market Value Balance Sheet
Cash	$	163,000
Fixed assets		678,500		Equity	$	841,500
Total	$	841,500		Total	$	841,500

The company has declared a dividend of $1.10 per share. The stock goes ex dividend tomorrow. Ignore all tax effects. What is the stock selling for today? Stock price =

What will it sell for tomorrow? Stock price = What will the balance sheet look like after the dividends are paid?

Cash	$
Fixed assets	Equity	$
Total	$	Total	$