The market value balance sheet for Briggs Manufacturing is shown here. The company has declared a 25 percent stock dividend. The stock goes ex dividend tomorrow (the chronology for a stock dividend is similar to that for a cash dividend). There are 27,000 shares of stock outstanding. Market Value Balance Sheet Cash $ 115,000 Debt Fixed assets 870,000 Equity $226,300 758,700 Total $985,000 Total $985,000 What will the ex-dividend price be? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) 5 Ex-dividend price