ABC Company has the following projected sales:

Month

Sales

June $4,287

July $6,041

August $19,517

September

$42,940

27% of the sales are collected in the same month.

11% of the sales are collected after one month,

17% of the sales are collected after two months, and

the remainder are collected after three month.

What is the amount of the September collections?

ABCs last dividend paid was $1.56, its required return is 14%, its growth rate is 7%. What is ABC's expected stock price in 10 years?