The capital structure of Cain is presented below: Debt @ 10% Common stock Cain $50,000 100,000 Total $150,000 Common shares 10,000 Compute the stock price for Cain Auto Supplies if it sells at 12 times EPS and EBIT is $40,000 (assume a 30 percent tax rate). (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Stock price $0