The company has an EBIT of $3,150,000 this year. Depreciation, the increase in net working capital, and capital spending were $240,000, $105,000, and $490,000, respectively. You expect that over the next five years, EBIT will grow at 14 percent per year, depreciation and capital spending will grow at 19 percent per year, and NWC will grow at 9 percent per year. The company currently has $18.1 million in debt and 375,000 shares outstanding. After Year 5, the adjusted cash flow from assets is expected to grow at 2.5 percent indefinitely. The companys WACC is 7.8 percent and the tax rate is 21 percent. What is the price per share of the companies stock? (Round calculation to 2 decimal places ex. 3.35)