ABC Corporations last free cash flow was $1.25 million. The free cash flow growth rate is expected to be constant at 1.5% for 1 year, after which free cash flows are expected to grow at a rate of 8.0% forever. The firm's weighted average cost of capital (WACC) is 11.0%. ABC has $2 million in short-term investment and $14 million in debt and 1 million shares outstanding. What is the best estimate of the intrinsic stock price?