An open-end mutual fund has the following stocks: Stock Shares Stock Price A 9,000 $ 92 B 33,000 21 6,000 79 D 74,000 14 The fund has 53,000 shares and liabilities of $146,000. Assume the fund is sold with a front-end load of 3.5 percent. What is the offering price of the fund? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Offering price $ 52.59