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 535,500 $ 45,500 Equity 490,000 Fixed assets 535,500 Total Total 535,500 $ Instead of a dividend of $1.80 per share, the company has announced a share repurchase of $10,800 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.) X Answer is complete but not entirely correct. a. 87.37 X Shares outstanding New stock price b. $ 136.45 X