Derry Corporation is expected to have an EBIT of $$3,050,000$ next year. Depreciation, the increase in net working capital, and

capital spending are expected to be $$240,000,$$$145,000,$ and $$245,000,$ respectively. All are expected to grow at $20$ percent

per year for four years. The company currently has $$19,000,000$ in debt and $855,000$ shares outstanding. At Year $5,$ you believe

that the company's sales will be $$28,600,000$ and the appropriate price$-$sales ratio is $3\mathrm{.}3.$ The company's WACC is $9\mathrm{.}6$ percent

and the tax rate is $22$ percent. What is the price per share of the company's stock?

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

Answer is complete but not entirely correct.