Alex Corp. is expected to have an EBIT of $2.50 million next year. Depreciation, the increase in net working capital, and capital spending are expected to be $250,000, $25,000, and $150,000, respectively. All are expected to grow at 6% per year for four years. The company currently has $20 million in debt and 90,000 shares outstanding. After Year 5, the adjusted cash flow from assets is expected to grow at 2% indefinitely. The company's WACC is 8.50%, and the tax rate is 35%. What is the price per share of the company's stock?