Martin Enterprises needs someone to supply it with $112,000$ cartons of machine screws per year to support its manufacturing needs over the next five years, and you've decided to bid on the contract. It will cost you $$755,000$ to install the equipment necessary to start production; you'll depreciate this cost straight$-$line to zero over the project's life. You estimate that, in five years, this equipment can be salvaged for $$103,000.$ Your fixed production costs will be $$355,000$ per year, and your variable production costs should be $$9\mathrm{.}75$ per carton. You also need an initial investment in net working capital of $$62,000.$ If your tax rate is $23$ percent and you require a return of $11$ percent on your investment, what bid price should you submit? $($Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$