The earnings per share of Charles High-End Corporation are projected to be as follows: End of Year Earnings 1 $2.70 2 $3.00 3 $3.20 4 $4.60 After year 4, earnings are expected to grow at a constant rate of 4% indefinitely. If the required rate of return is 13%, what would you estimate the value of Smooths stock to be? Round your answer to the nearest dollar.