Ball 85 Corporation produces a part that is used in the manufacture of one of its products. The costs associated with the production of 12,000 units of this part are as follows:

Direct materials	$89,000
Direct labor	$125,000
Variable factory overhead	$59,000
Fixed factory overhead	$139,000
Total costs	$412,000

Of the fixed factory overhead costs, $58,000 is avoidable.

Assuming no other use of their facilities, the highest price that Ball 85 should be willing to pay for 12,000 units of the part is: