(3) ABC Industries has net income of $6,300,000, and it has 1,300,000 shares of common stock outstanding. ABC Inc. is considering a plan in which it will use available cash to repurchase 11% of its shares in the open market at the current $86.25 stock price. The repurchase is expected to have no effect on net income or the companys P/E ratio. Based on ABC's information, provide the following information:

Number of Shares Repurchased: Answer Shares (No Commas "," round to a whole number-No Decimal) 2 pts

What is the Repurchase price: $Answer (round to the second decimal place) 2 pts

Current EPS: $Answer (round to the second decimal place) 2 pts

New EPS: $Answer (round to the second decimal place) 2 pts

New Stock Price: $Answer (round to the second decimal place) 2 pts