Surplus cash Equity $11,000,000 A firm's balance sheet : Assets Debe + Equity $1000000 $2,000, Dop Debt Fixed assets &, networking capital $10,000,000 $9000,000 Total $11,000,000 #sf shares outstanding 800,000 The firm is going to distribute the surplus cash, either through a dividend or a share repurchase. For each scenario calculate the following: 1. The share price prior to the distribution 2. If the distribution is done as a divided payment, calculate the dividend per share, and the price per share after the distribution 3. If the distribution is done as a share repurchase, calculate the number of shares outstanding after the distribution