Crane Co$.$ wants to introduce a new digital display, laser driven iron to the market. The estimated unit sales price is $$90.$ The required investment is $$2,870,000.$ Unit sales are expected to be $246,000$ and the minimum required rate of return on all investments is $15\%.$

Compute the target cost per iron. $($Round answer to $2$ decimal places, e$.$g$.52\mathrm{.}75.)$

Target cost per iron