At one time, the Texas Junior College Teachers Association annual conference was held in Austin. At that time a taxi ride in Austin was $1.15 for the first 1/5 of a mile and $0.35 for each additional 1/5 of a mile. If the distance from one of the convention hotels to the airport is 8.5 miles, how much will it cost to take at taxi from that hotel to the airport? (Round your answer to the nearest cent.)