Assume the following five companies are used in computing an index Company Shares Outstanding Base Period January 1, 1977 Market Price Current Period December 31, 2009 Market Price A B C D E 2,000 6,000 5,000 8,000 1,000 $ 2.00 6.00 9.00 10.00 13.00 $ 14.00 18.00 23.00 5.00 40.00 (There have been no stock splits during this time.) If the index is price-weighted, what will be the value of the index on December 31, 2009