Division L at Reiner Ltd. manufactures 16,775 units of part #70, which it currently sells to outside customers. Selected data for part #70 are given below:

Unit selling price to outside customers				$91
Variable production cost per unit				56
Total fixed production cost (based on a capacity of 20,000 units per year)				$380,000

Division K at Reiner Ltd. currently purchases 7,700 units of part #70 from an outside supplier at a price of $97. Consideration is being given to buying internally rather than from the outside supplier.

What is the lowest acceptable transfer price from the perspective of Division L?

Input your answer as a number with two decimal places (for example, 12.34).