ABC Corporation has developed a new augur$-$Model $123-$that has been designed to outperform a competitor's best$-$selling augur.

The competitor's product has a useful life of $60,000$ hours of service, has operating costs that average $$1\mathrm{.}80$ per hour, requires $$10,000$ of maintenance and sells for $$193,000.$

In contrast, Model $123$ has a useful life of $180,000$ hours of service, requires $$15,000$ of maintenance and its operating cost is $$1\mathrm{.}10$ per hour.

From a value$-$based pricing standpoint what range of possible prices should ABC consider when setting a price for Model $123?$