The answer is in bold, but I would just like to see someone's work done in Excell with formulas shown likewise. Thanks!

21. A firm is expected to have the following free cash flows over the next four years: $9.30 million, $13.35 million, $14.95 million, $18.10 million. After 4 years, the free cash flows are expected to grow at the industry average of 3.65% per year. The firm has 8 million shares outstanding. $2.35 million in cash and short-term investments, and it has no debt. If its cost of capital is 15.11%, what is the intrinsic value of the stock? ($16.73)