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Based on the following stock price and shares outstanding information, assuming the base index value is 100: Stock K Stock M Stock R Dec.

Based on the following stock price and shares outstanding information, assuming the base index value is 100: Stock K Stock M Stock R Dec. 31, 2011 (Base Period) Price 20 35 40 Shares Outstanding 100,000,000 2,000,000* 25,000,000 *Stock split two-for-one on Dec. 31, 2011, after market close. What is the index average for the base period? (Keep 2 decimals)

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