Helicopter Inc. declares the amount it will payout annually and divides it into 4 identical quarterly payments. It announced that it will pay $2.20 over the next year, which will be paid out as $0.55 quarterly dividends, the first of which will go out in 3 months. Helicopter Inc. has also announced its plans on increasing the annual dividend amount by 3% each year forever. If the required return for Helicopter Inc. is 2.6% quarter, what should the investment be worth today? Round your answer to the nearest penny.