Aydens Toys, Inc., just purchased a $450,000 machine to produce toy cars. The machine will be fully depreciated by the straight-line method over its 5-year economic life. Each toy sells for $14. The variable cost per toy is $5 and the firm incurs fixed costs of $310,000 per year. The corporate tax rate for the company is 23 percent. The appropriate discount rate is 11 percent.

What is the financial break-even point for the project?