Question 14 1 pts First Firm was founded by a lady. She founded it with $1,357 of her own money. Upon founding and investing her own money, she issued herself 113 shares. One year later, an angel investor purchased 138 shares for $1,945. Last year, the founder sold 175 shares for $1,661 to a VC. Now the lady is considering having an IPO and selling 110 new shares in that IPO. The firm's net income next year is expected to be $1,307. Similar firms have PE ratios of 22. What will the share price be at the time of the IPO