Phoenix Valley Lighting is preparing an inventory management plan for fluorescent bulbs. They have a forecasted demand of 9,232 bulbs per month with a MAD of 180 bulbs per month. The lead time to receive bulbs is 2 week(s) and they would like to have an 99% service level to avoid turning away customers. Their ordering cost is $583 and their holding cost is $3 per bulb (breakage)per year. When doing all calculations assume that there are 4 weeks in 1 month and there are no other contractual requirements on order quantities or frequencies. If following a fixed order quantity inventory management system, what should their reorder point be? (report your answer to two decimal places).