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Ayden's Toys, Incorporated, just purchased a $ 5 2 5 , 0 0 0 machine to produce toy cars. The machine will be fully depreciated

Ayden's Toys, Incorporated, just purchased a $525,000 machine to produce toy cars. The machine will be fully depreciated by the straight-line method over its 8-year economic life. Each toy sells for $29. The variable cost per toy is $12 and the firm incurs fixed costs of $385,000 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? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.)
Financial break-even point
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