Corona company manufactures a product called Corfic. Pertinent cost and revenue data relating to the manufacture of this product are given below:

Selling price per unit 66

Variable production cost per unit 44

Variable selling cost per unit 4

Fixed production cost 200,000

Fixed selling & Admin cost 99,000

a) A new machine which is more efficient, is installed. This machine increases the fixed production cost by 20% but reduces the variable production cost per unit by 30%.

What is the new break-even point in sales revenue?