You have looked at the current financial statements for ReigleHomes, Co. The company has an EBIT of $3,170,000 this year. Depreciation, the increase in net working capital, and capital spending are expected to be $241,000, $106,000, and $495,000, respectively. You expect that over the next five years, EBIT will grow at 15 percent per year, depreciation and capital spending will grow at20 percent per year, and NWC will grow at10 percent per year. The company currently has $18.3 million in debt and 380,000 shares outstanding. After Year 5, the adjusted cash flow from assets is expected to grow at 3 percent indefinitely. The company's WACC is 8.9 percent and the tax rate is 22 percent.

What is the price per share of the company's stock?