Hewlard Pocket's market value balance sheet is given.

Shares outstanding $=100,000$

Price per share $=$$$1,100,\frac{000}{100},000=$$$11$

Pocket wins a lawsuit and is paid $$210,000$ in cash. The market value of the equity rises by that amount, and Pocket decides t one$-$off payout of $$3\mathrm{.}10$ per share.

a$.$ What will be Pocket's stock price after the payout if the payout comes as a cash dividend?

b$.$ What will be Pocket's stock price after the payout if the payout comes as a share repurchase?

Note: For all requirements, do not round intermediate calculations. Round your answers to $2$ decimal places.

$\backslash$table$[[$a$.$ Stock price,$$,10\mathrm{.}00,$per share$],[$b$.$ Stock price,,per share,$]]$