The market value balance sheet for Tidwell Manufacturing is shown here. Tidwell has declared a 10 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 17,000 shares of stock outstanding.

Market Value Balance Sheet

Cash	$116,000		Debt	$157,200
Fixed assets	660,000		Equity	618,800
Total	$776,000		Total	$776,000

Required:

What will the ex-dividend price be? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Ex-dividend price

$