Carter Company has the following information related to a new project: Initial investment: $1,520,000; Fixed costs: $802,000; Variable costs: $20.40 per unit; Selling price: $37.60 per unit; Discount rate: 12 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?