A company produce and sell a special product. One year the company reported the following:

Products sold: 3200 units

Investment: 36 000 000 $

Operating income: 3 600 000 $

Markup percentage on full cost 6%, and variable unit cost 9000 $.

The company plans to reduce yearly fixed costs with 2 600 000 $, and the variable unit cost with 500 $.

- Calculate the selling price when costs have been reduced. The company wants the same amount of products to be sold and the same markup percentage.