Intrinsic Value Calculation using Free Cash Flow

ABC Corp is a mid-sized technology company planning to forecast its free cash flows (FCF) for valuation purposes. The company estimates the free cash flows for the next five years as follows: $2 million, $2.5 million, $3 million, $3.5 million, and $4 million. After the fifth year, the company expects a perpetual growth rate of 4% in free cash flows. Assuming a discount rate of 10%, what is the intrinsic value of ABC Corp using the Free Cash Flow to Firm (FCFF) valuation method?