A city has decided to build a softball complex and the city council has already voted to fund the project at the level of $ 800,000 (initial capital equipment). The city engineer has collected the following financial information for the complex project. Annual upkeep costs: $ 120,000 Annual utility costs: $ 13,000 Renovation costs: $ 50,000 for every five years Annual team user fees (revenues): $ 32,000 Useful life: Infinite Interest rate: 8 % , compounded annually. If the city can expect 35,000 visitors to the complex each year, what should be the minimum ticket price per person so that the city can break even