An open-end mutual fund has the following stocks:

Stock	Shares	Stock Price
A	16,000	$78
B	33,000	21
C	15,000	49
D	89,000	26

There are 70,000 shares of the mutual fund, and liabilities of $185,000. What is the NAV of the fund? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "$" sign in your response.)

Net asset value

$