The balance sheet for Kare Corp. is shown here in market value terms. There are 7,000 shares of stock outstanding. Market Value Balance Sheet Cash $ 44,100 Equity Fixed 350,000 assets 394,100 $ 394,100 394,100 Total $ Total $ Instead of a dividend of $1.80 per share, the company has announced a share repurchase of $12,600 worth of stock. a. How many shares will be outstanding after the repurchase? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What will the price per share be after the repurchase? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Shares outstanding b. New stock price