The statement of financial position for Knox Corp. is shown here in market value terms. There are 10,000 shares of stock outstanding. Market Value Statement of Financial Position $ 45,400 480,000 $...

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Extracted text: The statement of financial position for Knox Corp. is shown here in market value terms. There are 10,000 shares of stock outstanding. Market Value Statement of Financial Position $ 45,400 480,000 $ 525,400 Cash Equity Fixed assets Total $ 525,400 Total $ 525,400 The company has announced a share repurchase of $17,000 worth of stock. How many shares will be outstanding after the repurchase? (Do not round intermediate calculations. Round the final answer to the nearest whole number.) Shares outstanding What will the price per share be after the repurchase? (Do not round intermediate calculations. Round the final answer to 3 decimal places. Omit $ sign in your response.) New share price $ per share