Derry Corporation is expected to have an EBIT of $$2,600,000$ next year. Depreciation, the increase in net working capital, and capital spending are expected to be $$195,000,$$$100,000,$ and $$200,000,$ respectively. All are expected to grow at $17$ percent per year for four years. The company currently has $$14,500,000$ in debt and $810,000$ shares outstanding. At Year $5,$ you believelihat the company's sales will be $$27,700,000$ and the appropriate price$-$sales ratio is $2\mathrm{.}3.$ The company's WACC is $8\mathrm{.}6$ percent and the tax rate is $23$ percent. What is the price per share of the company's stock?

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

Answer is complete but not entirely correct.

$$60\mathrm{.}28x$