The Bellagio Corporation recently reported net income of $2,000,000. It has 500,000 shares of common stock, which currently trades at $60 a share. Bellagio continues to expand and expects that 1 year from now its net income will be $2,750,000. Over the next year it also anticipates issuing an additional 200,000 shares of stock, so that 1 year from now it will have 700,000 shares of common stock. Assuming its price/earnings ratio remains at its current level, what will be its stock price 1 year from now?