Lifecycle Motorcycle Company is expected to pay a dividend of $$2$ in year $1,$ a dividend of $$3$ in year $2,$ and a dividend of $$4$ in year $3.$ After year $3,$ dividends are expected to grow at the rate of $5\%$ per year. An appropriate required return for the stock is $12\%.$ Using the two$-$stage DDM$,$ the stock should be worth