The following information has been taken from the Muscat Company: Sales 1,450 Other revenue 130,00 return Interest 5,000 freight and 5,000 expense transportation out Preferred 4,000 Repair 10,000 stock Expenses dividends Gross 50,000 price-earnings 8 profit ratio number of 2,000 income tax rate 40% common shares outstanding Required: Compute the market price per share and explain the result B1 = TII