An analyst has projected that a firm will generate the following free cash flows during the next 3 years:

Year 1 $110,000

Year 2 $121,000

Year 3 $133,100

After Year 3, the analyst projects that free cash flows will grow at 5% per year, permanently. The firm has outstanding debt of $1 million, no preferred stock, and 100,000 common shares outstanding. The firms WACC is 10%. For simplicity, you can assume that the Year 1 free cash flow will be realized one year from today, the Year 2 cash flow will be realized two years from today, and so forth.

Use the analysts projections to estimate the value of one share of common stock (i.e., stock price). Round your final answer to the nearest dollar (whole number).