The capital structure for Cain Supplies is: Cain Supplies Debt @ 9% $ 100,000 Common stock, $10 par 200,000 Total $ 300,000 Common shares 20,000 Compute the stock price for Cain if it sells at 19 times earnings per share and EBIT is $50,000. The tax rate is 20 percent. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Stock price $ ????