The capital structure for Cain Supplies is: Cain Supplies Debt @ 10% $ 80,000 Common stock, $10 par 160, 000 Total $240,000 Common shares 16, 000 Compute the stock price for Cain if it sells at 17 times earnings per share and EBIT is $46,000. The tax rate is 30 percent. (Do round intermediate calculations. Round your answer to 2 decimal places.) Stock price