Gingko Green sells electric bikes. The cost of capital for this firm is 7.84% and there are 99,831 common shares outstanding. The firm does not have any preferred equity, however, it has outstanding debt with a market value of $3,873,486. Use the DCF valuation model based on the expected FCFs shown below; year 1 represents one year from today and so on. The company expects to grow at a 2.1% rate after Year 5. Rounding to the nearest penny, what is the value of each share of common stock? PeriodFree Cash FlowYear 1$774,360Year 2$1,594,787Year 3$1,658,896Year 4$1,834,159Year 5$3,289,925