The capital structure for Cain Supplies is: Cain Supplies Debt @ 8% Common stock, $10 par Total Common shares S 240,000 480,000 720,000 Compute the stock price for Cain if it sells at 15 times earnings per share and EBIT is $78,000. The tax rate is 10 percent. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Stock price