An open-end mutual fund has the following stocks:

Stock	Shares	Stock Price
A	9,500	$91
B	32,000	20
C	7,500	77
D	75,000	15

Assume there are 52,000 shares of the mutual fund, and liabilities of $184,000. Assume the fund is sold with a 2.5 percent front-end load. What is the offering price of the fund? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "$" sign in your response.)

Offering price

$