You notice that Cornish Sodas has a share price of $$40\mathrm{.}35$ and EPS of $$1\mathrm{.}96.$ Its competitor

Patchogue Soda has EPS of $$3\mathrm{.}86.$ Johnston, a much smaller batch craft soda producer, has a P$/$E ratio

of $38.$ Based on this information, what is one estimate of the value of a share of Patchogue Soda stock?

One share of Patchogue Soda stock is valued at $

$($Round to the nearest cent.$)$