Penn Inc. has a current market value of equity of $$1,000,000$ and market value of debt $$0.$ Currently, the firm has excess cash of $$200,000,$ net income of $$49,000,$ and $100,000$ shares of stock outstanding. The company is going to use all of its excess cash to repurchase shares of stock. How many shares will be repurchased? What will the stock price per share be after the stock repurchase is completed?

$16,000$ shares; $$12$

$18,000$ shares; $$10$

$20,000$ shares; $$10$

$18,000$ shares; $$12$

$20,000$ shares; $$12$