Cotton Corp. currently makes 14,300 subcomponents a year in one of its factories. The unit costs to produce are:

	Per unit
Direct materials		$	21.00
Direct labor			26.00
Variable manufacturing overhead			12.00
Fixed manufacturing overhead			11.00
Total unit cost		$	70.00

An outside supplier has offered to provide Cotton Corp. with the 14,300 subcomponents at an $74.00 per unit price. Fixed overhead is not avoidable. What is the maximum price Cotton Corp. should pay the outside supplier?