You founded your own firm three years ago. You initially contributed $200,000 of your own money and in return you received 11

million shares of stock. Since then, you have sold an additional 22

million shares of stock to angel investors. You are now considering raising capital from a venture capital firm. This venture capital firm would invest $5

million and would receive 33 million newly issued shares in return. After the venture capitalist's investment, the post-money valuation of the angel investor's shares is closest to: