Top O' the Morning Inc., has declared a $3 per-share dividend. Suppose capital gains are not taxed, but dividends are taxed at 16%. New IRS regulations require that taxes be withheld at the time the dividend is paid. Top O' the Morning sells for $67.38 per share, and the stock is about to go ex-dividend. What will be the ex-dividend price? (Round answer to 2 decimal places. Do not round intermediate calculations)