Below is a little math equation, made of matchsticks, that does not add up. Can you move just one match stick and fix the equation?

Below is a little math equation, made of matchsticks, that does not add up. Can you move just one match stick and fix the equation?

A chicken and an egg together cost $1.06. The chicken costs $1 more than the egg. How much does the egg cost?
Riddle Answer