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The balance sheet items correspond to values at year-end 2016 and 2017, while the income statement items correspond to revenues or expenses during the year

The balance sheet items correspond to values at year-end 2016 and 2017, while the income statement items correspond to revenues or expenses during the year ending in either 2016 or 2017. All values are in thousands of dollars.

2016 2017
Revenue $ 4,000 $ 4,100
Cost of goods sold 1,600 1,700
Depreciation 500 520
Inventories 300 350
Administrative expenses 500 550
Interest expense 150 150
Federal and state taxes* 400 420
Accounts payable 300 350
Accounts receivable 400 450
Net fixed assets 5,000 5,800
Long-term debt 2,000 2,400
Notes payable 1,000 600
Dividends paid 410 410
Cash and marketable securities 800 300

* Taxes are paid in their entirety in the year that the tax obligation is incurred.

Net fixed assets are fixed assets net of accumulated depreciation since the asset was installed.

Suppose that the market value (in thousands of dollars) of Fincorp's fixed assets in 2017 is $6,000 and that the value of its long-term debt is only $2,200. In addition, the consensus among investors is that Fincorps past investments in developing the skills of its employees are worth $2,900. This investment of course does not show up on the balance sheet. What will be the price per share of Fincorp stock? (Assume 500,000 shares of stock outstanding.) (Round your answer to 2 decimal places.)

A) WHAT IS THE PRICE PER SHARE?

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