Problem $3(4$ points$)$

The balance sheet for Apple Pie Corp. is shown here in market value terms. There are $5,000$

shares of stock outstanding.

Market Value Balance Sheet

The company has announced that it is going to repurchase $$4,350$ worth of stock.

a$.$ calculate the current price per share.

b$.$ Calculate the number of shares repurchased.

c$.$ What will the price of the stock be after this repurchase?