Last year, a manufacturer selling a product at $97 per unit had a net income of $78,000. The unit variable costs to produce the item were $45 per unit and the annual fixed costs were $260,000. This year, the fixed costs decreased by 5% and the variable costs decreased by 10%. If the same number of units as last year is produced and sold, what new selling price will result in the same profit as last year?

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