GABA has purchased a new machine to produce hats in its America First line of products at a cost of $550,000. The machine has an economic life of 5 years and will be depreciated in a straight line with no salvage value. The hats will sell for $35 while the variable costs is $15. Fixed costs associated with the project are $200,000. Assume a tax rate of 21% and cost of capital of 8%. What in the financial break even. PLEASE USE EXCEL with solution!