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The composition of the Fingroup Fund portfolio is as follows: Stock Shares Price A 310,000 $ 35 B 410,000 40 C 510,000 15 D 710,000

The composition of the Fingroup Fund portfolio is as follows:

Stock	Shares	Price
A	310,000	$	35
B	410,000		40
C	510,000		15
D	710,000		20

The fund has not borrowed any funds, but its accrued management fee with the portfolio manager currently totals $35,000. There are 5 million shares outstanding. What is the net asset value of the fund? (Round your answer to 2 decimal places.)

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