29. Two companies are expected to have annual sales of 1,000,000 decks of playing cards next year. Estimates for next year are presented below:

Company 1 Company 2

Selling price per deck $3.00 $3.00

Cost of paper per deck 0.62 0.65

Printing ink per deck 0.13 0.15

Direct labor per deck 0.75 1.25

Variable overhead per deck 0.30 0.35

Fixed costs $960,000 $252,000

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Given this data, the annual sales volume at which profits of Company 1 are equal to the profits of Company 2?