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 $ 290.21 . A payment of $150 is posted on May 18. A charge of $15.54 is posted on May 7. A charge of $50.98 is posted on May 12. A charge of $100.02 is posted on May 29. John is charged 1.79% per period.

What is the finance charge for the cycle? Round to the nearest cent as needed.