Melody Manufacturing is currently producing 1,000 units of a necessary component part by incurring $68,000 in direct materials, $30,000 in direct labor, $18,000 in variable overhead, and $20,000 in fixed overhead. Melody could avoid $12,000 of fixed overhead if the component is purchased externally. Melody wishes to minimize costs and would prefer to purchase the component. What is the maximum external price Melody should pay to acquire 1,000 units of the component?