An open-end mutual fund has the following stocks:

Stock	Shares	Stock Price
A	11,000	$88
B	32,000	17
C	3,500	71
D	73,000	12

Assume there are 46,000 shares of the mutual fund, and liabilities of $163,000. Assume the fund is sold with a 4 percent front-end load. What is the offering price of the fund? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "$" sign in your response.)

Offering price

$