The balance sheet for Charlatan Corp. is shown below in market value terms. Market Value Balance Sheet Cash $189,300 Debt $210,700 Fixed assets 669,500 Equity 648,100 Total $858,800 Total $858,800 The company has decided to repurchase $44,000 worth of stock. a) What effect will this have on the equity of the firm? How many shares will be outstanding? "b) What will the price per share be after the repurchase? " "c) Ignoring tax effects