Paper pulp is sold on the basis that it contains 12% moisture; if the moisture exceeds this value, the purchaser can deduct any charges for the excess moisture and also deduct for the freight costs of the excess moisture. A shipment of pulp became wet and was received with a moisture content of 22%. If the original price for the pulp was $40/ton of air-dry pulp and if the freight is $1.00/100 lb shipped, what price should be paid per ton of pulp delivered?
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