An analyst has been following American Dream stock. He projects the following dividends for the next three years:

YEAR

Dividend

$1$

$$1\mathrm{.}73$

$2$

$$2\mathrm{.}38$

$3$

$$2\mathrm{.}98$

The analyst notes that American Dream stock has a required return of $10\mathrm{.}11\%.$ The analyst projects that dividends will

grow at a constant rate of $4\mathrm{.}00\%$ per year after year $3.$

What is the projected selling price for the stock at the end of year $3?$

Answer format: Currency: Round to: $2$ decimal places.