Gloria Enterprises plans to go public with a public offering. Management would like to determine the potential price for its shares of common stock based on comparable price-earnings multiples. Gloria Enterprises reports earnings of $208,000 and plans to issue 80,000 shares of stock. The EPS and share price of three comparable firms are shown below: Firm EPS Share Price A $2.50 $ 89.20 B 3.60 119.70 C 2.00 83.54 Calculate the value of a share of Gloria Enterprises' stock using the price-earnings multiples method for both a trailing multiple and a forward multiple.