Dickson Corporation is comparing two different capital structures. Plan I would result in 32,000 shares of stock and $94,500 in debt. Plan II would result in 26,000 shares of stock and $283,500 in debt. The interest rate on the debt is 4 percent. Assume that EBIT will be $125,000. An all-equity plan would result in 35,000 shares of stock outstanding. Ignore taxes. What is the price per share of equity under Plan I? Plan II?

Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16

PLAN I
PLAN II