Mable's Engine Company manufactures part Z92 used in several of its engine models. Monthly production costs for1,000 units are asfollows:

Direct Materials: $30,000

Direct Labour: $8000

Variable Overhead Costs: $21,000

Fixed Overhead Costs: $5000

Total Cost: $64,000

Mable's Engine Company has the option of purchasing the part from an outside supplier at$61 per unit. It is estimated that all of the fixed overhead costs assigned to Z92 will remain if the company purchases Z92 from an outside supplier.

The maximum price thatMables's Engine Company should be willing to pay the outside supplier is?