Assume you are a soybean producer. On June 20, you decide to hedge the sale of a portion of your expected bean crop for delivery in the fall by entering a November futures contract at $7.20 per bushel. By October, futures price is $7.72, and your actual basis is $-0.52/bu. You sell your soybeans on the cash market, and you offset your futures contract at $7.72 per bushel. What is your net hedge price for the beans in dollars per bushel?