McCabe Corporation is expected to pay the following dividends over the next four years: $5.80, $16.80, $21.80, and $3.60. Afterward, the company pledges to maintain a constant 5.75 percent growth rate in dividends forever. If the required return on the stock is 8 percent, what is the current share price?

Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.