Company XYZ is developing a video game console to compete with Play Station and Xbox. They will rent a new manufacturing plant at an annual cost of $300,000 and will rent equipment that costs $250,000 per year. In addition, their insurance cost to cover the new building and equipment will be $50,000 per year. Material and labor costs for each console are expected to be $50. The marketing team has determined that they can sell the console for $150. What is the number of consoles Company XYZ must sell to breakeven?