Canton Corporation anticipates that it will earn firm FCFs of $4 million per year for each of the next five years. Beginning in year 6, the firm will earn FCF of $5 million per year for the indefinite future. If Canton's cost of capital is 12%, what is the value of the firm's future cash flows?

I understand that the answer is 14.42 million+23.64million= $38.06 million. How do you calculate the 23.64 million? Please show all work.