The capital structure for Cain Supplies is: Cain Supplies Debt @ 9% Common stock, $10 par Total $ 70,000 140,000 $ 210,000 14,000 Common shares Compute the stock price for Cain if it sells at 16 times earnings per share and EBIT is $44,000. The tax rate is 20 percent. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Stock price