Consider the case of Red Rabbit Builders:

Red Rabbit Builders is expected to generate a free cash flow (FCF) of $1,225,000 this year, and the FCF is expected to grow at a rate of 18% over the following two years (FCF22and FCF33). After the third year, however, the companys FCFs are expected to grow at a constant rate of 8% per year, which will last forever (FCF4-4-). If Red Rabbits weighted average cost of capital (WACC) is 16%, complete the following table and compute the current value of Red Rabbits operations. Round all dollar amounts to the nearest whole dollar, and assume that the firm does not have any nonoperating assets in its balance sheet and that all FCFs occur at the end of each year.

Year	CFtt	PV(FCFtt)
FCF11	$1,225,000	$1,056,034
FCF22	$1,445,500	$1,074,242
FCF33	$1,705,690	$1,092,763
FCF44	$1,842,145
Horizon Value4-4-	$23,026,813	$14,752,304
	Vopop=	$17,975,343

Red Rabbits debt has a market value of $13,481,507, and Red Rabbit has no preferred stock in its capital structure. If Red Rabbit has 500,000 shares of common stock outstanding, then the total value of the companys common equity is $______, and the estimated intrinsic value per share of its common stock is $______ per share (rounded to the nearest dollar).

Please answer the two blanks in the second part thanks!