The value of a company's operations is $5,060 million. The company has 50 million shares of stock outstanding. Selected data from the company's balance sheet is shown below (in millions). Calculate the per share stock price. Short-term investments (not related to operations) 500 Accounts payable 120 Accounts receivable 100 Notes payable 2,000 Long-term debt 2,000 Preferred stock 200 Retained earnings 180 1. $33.20 2. $31.20 3. $27.20 4. $17.20 5. none of the above