Constant Dividend Growth Valuation

Boehm Incorporated is expected to pay a $$2\mathrm{.}20$ per share dividend at the end of this year $($i$.$e$.,D_1=$$$2\mathrm{.}20).$ The dividend is expected to grow at a constant rate of $5\%$ a year. The required rate of return on the stock, $r_5,$ is $14\%.$ What is the estimated value per share of Boehm's stock? Do not round intermediate calculations. Round your answer to the nearest cent.