Destin Corp. is comparing two different capital structures. Plan I would result in 16,000 shares of stock and $100,000 in debt. Plan II would result in 12,000 shares of stock and $200,000 in debt. The interest rate on the debt is 6 percent. Assume that EBIT will be $80,000. An all-equity plan would result in 20,000 shares of stock outstanding. Ignore taxes.

What is the price per share of equity under Plan I? Plan II? (Round your answers to 2 decimal places. (e.g., 32.16))

	Price per share of equity
Plan I	$ per share
Plan II	$ per share