An Australian company, OzCPY has made a renounceable rights issue offer to their existing shareholders. The share price when announcing the rights was $37.22 and the firm's current ordinary share price is $38.22 and the 4-for-8 pro-rata issue has an offer price of $35.36. What is the theoretical ex-rights share price of the firm? Give your final answer as dollars rounded to the nearest cent. For example, for "$123.4567" you would input "123.46" (without the quotation marks).