Geological Consultants Ltd. is a private company with four shareholders: W, X, Y, and Z. The following table shows their respective shareholdings. X is retiring and has agreed to sell his shares to the other three shareholders for $175,000. The agreement calls for the 500 shares to be purchased and allocated among W, Y, and Z in the same ratio as their present shareholdings. The shares are indivisible, and consequently the share allocation must be rounded to integer values.

a. What implied value does the transaction place on the entire company?
b. How many shares will W, Y ,and Z each own after the buyout?
c. What amount will W, Y, and Z each contribute toward the $175,000 purchase price?
Prorate the $175,000 on the basis of the allocation of the shares in Part (b).