Intrinsic Value Calculation with Residual Income Valuation

Investors often look to the Residual Income Valuation model to derive the intrinsic value of a company's stock. Consider ABC Technologies, which reported a book value of equity of $4 million and is expected to generate net incomes of $800,000, $1 million, and $1.2 million over the next three years. Its cost of equity is estimated to be 10%. Using the Residual Income Valuation approach, what is the intrinsic value of ABC Technologies as of the end of Year 3, assuming no expected growth in residual income beyond Year 3?