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The balance sheet for Quinn Corporation is shown here in market value terms. There are 10,000 shares of stock outstanding. Market Value Balance Sheet Cash

The balance sheet for Quinn Corporation is shown here in market value terms. There are 10,000 shares of stock outstanding.

Market Value Balance Sheet
Cash $ 45,000 Equity $ 485,000
Fixed assets 440,000
Total $ 485,000 Total $ 485,000

Instead of a dividend of $1.90 per share, the company has announced a share repurchase of $19,000 worth of stock.

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.)

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.)

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