A firm has the capacity to produce 1,338,970 units of a product each year. At present, it is operating at 31 percent of capacity. The firm's annual revenue is $758,458. Annual fixed costs are $131,645 and the variable costs are $.28 cents per unit. The following equations will be useful.

Profit = Revenue - Costs

Revenue = Price each * quantity

Costs = Fixed Cost + Variable Costs

Variable Cost = Variable Cost per unit * number of units

At the break even point, Profit = 0

What is the firm's annual profit or loss?