The balance sheet for Sinking Ship Corp. is shown here in market value terms. There are 6,000 shares of stock outstanding. Cash Market Value Balance Sheet $ 45,200 Equity $505,200 460,000 Fixed assets ok Total 505,200 t Total 505,200 nt ences Instead of a dividend of $1.50 per share, the company has announced a share repurchase of $9,000 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.) Shares outstanding b. New stock price