Selected information for Pruitt Environmental Science Inc. is shown below:

Short-term investments $29 million

Total Assets: $450 million

Short-term debt: $60 million

Long-term debt: $100 million

Retained earnings: $95 million

Shareholder's equity: $130 million

Shares outstanding: $1 million

Free cash flows are expected to be the following:

$18 million in Year 1, $4 million in Year 2 and $7 million in Year 3.

Growth rate after year 3 is expected to be 6%.

The required return on equity is 11%, the WACC is 8%, and the unlevered cost of equity is 8%.

Use the CORPORATE VALUATION model to find the intrinsic value of Pruitt's per share stock price.