The balance sheet for Sinking Ship Corp. is shown here in market value terms. There are 5,000 shares of stock outstanding. Market Value Balance Sheet 373,900 Cash $43,900 Equity Fixed 330,000 assets Total $373,900 Total $373,90o Instead of a dividend of $1.60 per share, the company has announced a share repurchase of $8,000 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.) a. Shares outstanding b.New stock price