Carla Vista Look produces and sells high$-$end golf equipment. The company has recently been involved in developing various types of

laser guns to measure distances on the golf course. The potential market for one small laser gun, the LittleCarla Vista, appears to be

very large. Because of competition, Carla Vista Look does not believe that it can charge more than $$150$ for LittleCarla Vista. At this

price, Carla Vista Look believes it can sell $100,000$ laser guns. LittleCarla Vista will cost $$9,060,000$ to manufacture, and the company

wants an ROI of $15\%.$

Determine the target cost for one LittleCarla Vista. $($Round answer to $2$ decimal places, e$.$g$.15\mathrm{.}25.)$

Target cost $