FNCE 5101 Ltd. has 100,000 shares outstanding at a market price of $1.65 a share. If the company declares a 4-for-7 reverse stock split, they will have ______ shares outstanding at a market price as ________.
1) 57,143; $0.94
2) 175,000; $0.94
3) 175,000; $1.65
4) 175,000; $2.89
5) 57,143; $2.89