Financial Data: To print the magazine, a new heat-set web press would need to be purchased at a price of $12,000,000. The price includes installation. Additional bindery equipment needed to handle the additional work (inserting/stitching/trimming/ink jet machine) would cost $400,000. Prepress setup costs (file analysis through platemaking) are estimated to cost about $4000.00 per issue with 52 issues to be produced each year. Production costs per magazine would break down to $0.50 for paper, $0.05 for ink, and $0.20 per copy for pressrun, bindery, and shipping. The publisher is willing to pay the printer $0.90 per magazine printed. The Problems: Given the financial data, determine the following: a. How many total magazines must be printed to pay off all fixed costs in a single year