Part of Lifecycle Motorcycle Company's income statement is as follows: Income Statement 2020 Dividends 2,000,000 Common shares outstanding 1,000,000 Dividend per share 2 Selected financial information: Required rate of return on equity 10%. You anticipate that Lifecycle Motorcycle Company's dividends will grow at 6% in 2021 and 2022, and 4% thereafter. Using the two-stage DDM, calculate the current value (at the end of 2020, or the beginning of 2021) of a share of Lifecycle Motorcycle Company's stock.