You have been provided the following actual financial information from the reformulated financial statements of Lillooet Inc. for the year 2021, and then a set of forecasted financial information for the three- year period, 2022 - 2024. 2021 Actual: sales = $800,000 Shareholders Equity = $50,000 2022 Forecasts: sales growth = 5% operating profit margin after tax = 0.10 asset turnover ratio = 1.90 net financing expenses = $15.000 2023 Forecasts: sales growth = 5% operating profit margin after tax = 0.10 asset turnover ratio = 2.0 net financing expenses = $15,500 2024 Forecasts: sales growth = 5% operating profit margin after tax = 0.10 asset turnover ratio = 2.0 net financing expenses = $16,000 In conjunction, you have also been provided with the following additional information: the forecasted growth rate in comprehensive income after tax (CI) after 2024 is 2.5% Lillooet's cost of equity capital is 9% Lillooet's net borrowing cost (NBC) after tax is 4% Lillooet has no Other Comprehensive Income (OCI) items to report during any years Lillooet has 1 million common shares outstanding Using the Abnormal Earnings (ReCI) valuation model, what is the intrinsic value of a common share of Lillooet Inc. based on the forecasts and additional information presented above? 1.50.84 2.$1.35 3.$1.04 4.$1.09