In John Balfour's credit card account interest is charged on the average daily balance. The cycle begins on May 4, and the cycle ends on June 3. The beginning balance is $287.74. A payment of $150 is posted on May 18. A charge of $19.57 is posted on May 7. A charge of $53.58 is posted on May 12. A charge of $101.14 is posted on May 29. John is charged 1.49% per period. What is the finance charge for the cycle?