A British$-$made component costs $118$ U$.$K$.$ pounds. A company in the United States needs to buy these components and the current indirect quote indicates that one dollar will buy $0\mathrm{.}60$ pounds. Ignoring transactions costs, how much will one component cost in U$.$S$.$ dollars?

Instruction: Type your answer in dollars, and round to two decimal places. E$.$g$.,$ if your answer is $$77\mathrm{.}77,$ you should type ONLY the number $77\mathrm{.}77,$ neither $$77\mathrm{.}77,78,$ nor $77\mathrm{.}8.$