Question 16 1 pts The financial statements of Inland Engineering are provided below. The firm has 100 million shares outstanding at the end of 2020 and the stock price was $10. The firm plans to increase its fixed assets by 26% in 2021 (from the 2020 level) from an increase in equity alone. What level of stock price would allow the firm to execute its plan while maintaining its return-on-equity and P/E ratio? Assume that the firm will not raise additional capital by increase the number of shares in the stock market (i.e., the outstanding shares at the end of 2021 will remain at 100 million). (provide your answer in the nearest dollar, i.e., no decimal places) Balance Sheet Statement, 2020 (in $million) Income Statement, 2020 (in $million) Current assets 836 Gross sales 2,295 Fixed assets 1,161 Cost of goods sold (771) Current debt 210 Operating expenses (404) Long-term debt 283 Income taxes (170)