Assume that you have been given the following information on Purcell Corporation's call options:

Inputs	Intermediate Calculations
Current stock price = $15	d1 = 0.51666
Time to maturity of option = 6 months	d2 = 0.24280
Variance of stock return = 0.15	N(d1) = 0.69730
Strike price of option = $14	N(d2) = 0.59592
Risk-free rate = 7%

According to the Black-Scholes option pricing model, what is the option's value? Do not round intermediate calculations. Round your answer to the nearest cent. Use only the values provided in the problem statement for your calculations.