Given the following bond quote:

Maturity Date: 11/15/2045

Coupon Rate: 3%, semi-annual payments

Bid Price: 97.8281% of par

Ask Price: 97.8594% of par

Change: 0.5391%

Ask Yield: 2.603%

Calculate:

a) The price an investor would receive for selling $30,000 of par value in this bond (round to 2 decimals)

b) The price an investor would pay to purchase $50,000 of par value in this bond (round to 2 decimals)