The market value balance sheet for Vena Sera Manufacturing is shown here. Vena Sera has declared a 27 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 18,000 shares of stock outstanding.

Market Value Balance Sheet
Cash	$226,000	Debt	$176,000
Fixed assets	347,000	Equity	397,000
Total	$573,000	Total	$573,000

Required:

(a)	What is the stock price today?
	(Click to select)$21.61$20.95$22.06$23.16$22.50

(b)	What will the ex-dividend price be?
	(Click to select)$17.37$18.06$28.01$22.06$16.67