ADM Company has the following information related to a new project: Initial investment: $1,040,000; Fixed costs: $402,000; Variable costs: $14.40 per unit; Selling price: $37.62 per unit; Discount rate: 10 percent; Project life: 6 years; Tax rate: 25 percent. Fixed assets are depreciated using straight-line depreciation over the project's life. What is the financial break-even point?