Happy Times currently has an all-cash credit policy. It is considering making a change in the credit policy by going to terms of net 30 days. Based on the following information, what is the break-even price per unit under the new credit policy? The required return is 0.70 percent per month. (Do not round intermediate calculations and round your answer to 2 decimal places. (e.g., 32.16))

	Current Policy			New Policy
Price per unit	$	175			?
Cost per unit	$	137		$	140
Unit sales per month		1,320			1,360

Break-even price

$