An investor purchases 400 shares of Company A at $55 per share. Suppose that the investor finances $8,500 of their investment with a margin loan at 7% interest. At what price will the investor receive a margin call if the brokerage firm requires a maintenance margin of 30%? (Do not round intermediate calculations. Negative values should be indicated by a minus sign. Round your answer to 2 decimal places.)

Margin Call Price $