Valuation Using an Income Statement Multiple Pacific Inca toy manufacturerreports net income for the recent twelve months of $$14\mathrm{.}73$ JAKKS has $20\mathrm{.}05$ million shares outstandingThe industry average PE using the trailing twelve months earnings$)$ for its competitors $27\mathrm{.}22$ this industry average estimate the Intrensic value of JAKS Pacifics equity do not round your final answerRound answer to two decimal places