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The market value balance sheet for Bobaflex Manufacturing is shown here. The company has declared a...

The market value balance sheet for Bobaflex Manufacturing is shown here. The company has declared a 10 percent stock dividend. The stock goes ex dividend tomorrow (the chronology for a stock dividend is similar to that for a cash dividend). Market Value Balance Sheet Cash $ 86,000 Debt $ 145,000 Fixed assets 700,000 Equity 641,000 Total $ 786,000 Total $ 786,000 a. There are 21,000 shares of stock outstanding. What is the current share price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What will the ex-dividend price be? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.).

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