Franky's Firm reported a free cash flow of $1,100,000 on its recent financial statements. The firm expects the FCFs to grow at 5% per year. The cost of capital for the firm is 10.50%. The firms financials also revealed that the firm has marketable securities valued at $850,000 as well as a total debt of $3,500,000 and preferred stock totaling $500,000. The firm has total assets of $7,950,000. If the firm has 3,000,000 shares outstanding and 4,800,000 shares authorized, determine the following:

1. Value of Operations?

2. Total Corporate Value or Firm Value?

3. Intrinsic Value of Equity?

4. Intrinsic Value of Equity per Share?

Show your work. Format all answers in dollars to 2 decimal places.