The market value balance sheet for Bobaflex Manufacturing is shown here. The company has declared a 25 percent stock dividend. The stock goes ex dividend tomorrow (the chronology for a stock dividend is similar to that for a cash dividend). There are 12,000 shares of stock outstanding.

Market Value Balance Sheet
Cash	$	79,000		Debt	$	116,000
Fixed assets		545,000		Equity		508,000
Total	$	624,000		Total	$	624,000

a.	What is the current stock price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
b.	What will the ex-dividend stock price be? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)