Following are a company's income statement at the end of the last year $($year $0)$ and coming year $($year $1).$ Each year, the company's inventory needs to be maintained at $3\%$ of sales, and accounts payable need to be $5\%$ of sales. The company's accounts receivable do not change. Capital expenditure each year needs to be $20\%$ of sales.

$\backslash$table$[[$Year$,0,1],[$Sales$,205,000,214,000],[$Cost of sales,$80,000,89,000],[$Selling$,$ general and,$41,000,43,000],[,$ administrative costs,,$],[$Depreciation$,45,000,48,000],[$EBIT$,39,000,34,000],[$Taxes$,7,800,6,800]]$

$($a$)$ What is the free cash flow in year $1?[4$ points$]$

$($b$)$ The company's business is stable, and the annual free cash flow in the future is expected to be the same as year one. The firm$-$specific discount rate is $8\%,$ and the risk$-$free rate is $2\%.$ What is the enterprise value of the company? $[3$ points$]$

$($c$)$ The company has $$70,000$ in cash and $$250,000$ in debt. In addition, it has $1,000$ shares outstanding. What is the company's stock price per share? PLEASE SHOW WORK.