Use the following information to answer this question.

Windswept, Inc. 2017 Income Statement ($ in millions)
Net sales	$	10,550
Cost of goods sold		8,200
Depreciation		395
Earnings before interest and taxes	$	1,955
Interest paid		110
Taxable income	$	1,845
Taxes		554
Net income	$	1,291

Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions)
		2016			2017				2016			2017
Cash	$	330		$	355		Accounts payable	$	1,720		$	2,057
Accounts rec.		1,210			1,110		Long-term debt		1,120			1,308
Inventory		1,880			1,710		Common stock		3,460			3,080
Total	$	3,420		$	3,175		Retained earnings		700			950
Net fixed assets		3,580			4,220
Total assets	$	7,000		$	7,395		Total liab. & equity	$	7,000		$	7,395

Windswept, Inc., has 600 million shares of stock outstanding. Its priceearnings ratio for 2017 is 20. What is the market price per share of stock?

Multiple Choice

$23.33

$31.67

$65.17

$43.03

$21.52