The balance sheet for Kare Corp. is shown here in market value terms. There are 5,000 shares of stock outstanding.

Market Value Balance Sheet
Cash	$	44,700		Equity	$	454,700
Fixed assets		410,000
Total	$	454,700		Total	$	454,700

The company has declared a dividend of $1.60 per share. The stock goes ex dividend tomorrow.
a.	Ignoring any tax effects, what is the stock selling for today? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
b.	Ignoring any tax effects, what will the stock sell for tomorrow? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
	c.Ignoring any tax effects, what will the balance sheet look like after the dividends are paid?