A project has the following estimated data: price = $55 per unit; variable costs = $45 per unit; fixed costs = $50,000; required return = 8 percent; initial investment = $500,000; life = five years with no salvage value (straight line depreciation). Taxes are 35 percent.

Assuming, the required after-tax annual income (operating cash flow) is $160,000, what would be the required financial break-even quantity? using the tax shield approach