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

Market Value Balance Sheet

Cash$ 45,100 Equity $495,100

Fixed assets 450,000

Total $495,100Total $495,100

The company has declared a dividend of $1.40 per share. The stock goes ex dividend tomorrow.

Ignoring any tax effects, what is the stock selling for today?(Do not round intermediate calculations, 2 decimals)

Ignoring any tax effects, what will the stock sell for tomorrow?(Do not round intermediate calculations, 2 decimals)

Ignoring any tax effects, what will the balance sheet look like after the dividends are paid?

Cash=

Fixed assets=

Equity=