You have the following information for Research Lab, Inc.: 19 Use the information on the left-hand screen, fill in the missing value in the following blank cells: The stock is currently trading at $8.75 Expected ROE = 16% annually for each of the next four years Current book value of equity =$435, 000, 000 Shares outstanding: 60 million Required rate of return on equity = 12% No dividends paid and all earnings are reinvested Continuing residual income = 0 after four years . 1. The Year 2 residual income is $ (Keep your answer to 2 decimal places) 2. Based on the residual income model, the intrinsic value of Research Lab, Inc., is $ (Keep your answer to 2 decimal places)