The balance sheet for Quinn Corporation is shown here in market value terms. There are 7,000 shares of stock outstanding.

Market Value Balance Sheet
Cash	$ 44,100	Equity	$ 394,100
Fixed assets	350,000
Total	$ 394,100	Total	$ 394,100

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.)