P19-13. Stock Repurchase Flychucker Corporation is evaluating an extra dividend versus a share repurchase. In either case $3,500 would be spent. Current earnings are $2.50 per share, and the stock currently sells for $70 per share. There are 700 shares outstanding. Ignore taxes and other imperfections. a. Not available in Connect b. What will be the effect on Flychucker's EPS and PE ratio under the two different scenarios? (Do not round the intermediate computations. Round the final answers to 2 decimal places. Use unrounded EPS value for computing P/E ratio. Omit $ sign in your response.) Extra Dividend Share Repurchase e Repu EPS PE Ratio