Barons Coffee, with total assets of $1000, has a capital structure consisting of total equity of $500 and total debt of $500. Barons has 190 shares of stock outstanding. Now suppose that John holds 100 shares of Barrons. Use this information to answer the following two questions. 1. What is total value of John's holdings in Barons?

$ ______. Enter your answer in dollars and cents without a dollar sign.

2. Suppose that Barons announces a 4 for 1 stock split. Assuming no other information about Barons, what is the total value of John's holdings immediately after the split?

$______. Enter your answers to the nearest dollar without a comma or dollar sign.