$1.$ Spraggins Inc. has a new capital budget for next year of $811,000$ and has a target debt fraction of $0\mathrm{.}15.$ If the firm following the residual dividend policy and wants to retain its target capital structure, what must its retained earning be next year?

$2.$ Ebeling Inc. undergoes a $3$ for $1$ stock split. If the company's stock trades for $$75\mathrm{.}69$ per share before the split and the value of the company does not change due to the split, what is Ebeling's new stock price?

Round the answer to two decimals.