The balance sheet for Sinking Ship Corp. is shown here in market value terms. There are 8,000 shares of stock outstanding.

Market Value Balance Sheet
Cash	$	44,400		Equity	$	424,400
Fixed assets		380,000
Total	$	424,400		Total	$	424,400

The company has declared a dividend of $1.20 per share. The stock goes ex dividend tomorrow.

Ignoring any tax effects, what is the stock selling for today? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)