Problem 5-7 You are given the following information concerning two stocks that make up an index. Assume the value-weighted index level was 269.48 at the beginning of the year. What is the index level at the end of the year? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Price per Share Shares Beginning End of Outstanding of Year Kirk, Inc. Picard Co. 39,000 35,000 55 80 Year $ 62 89 Index level