On January 1, you sold short one round lot (that is, 100 shares) of Lowe's stock at $27.70 per share. On March 1, a dividend of $3.30 per share was paid. On April 1, you covered the short sale by buying the stock at a price of $22.00 per share and returned your borrowed shares. You paid 25 cents per share in commissions for each transaction. What is the value of your account on April 1 after returning borrowed shares? (Round your answer to 2 decimal places.)

Value of account : $