The Newton Company has 70,000 shares of stock that each sell for $60. Suppose the company issues 9,000 shares of new stock at the following prices: $60, $40, and $30.

What is the effect of each of the alternative offering prices on the existing price per share? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

	Share price
New shares at $60	$
New shares at $40	$
New shares at $30	$