Igor is considering a project for his business. If he starts the project today, the initial cost is $50,000 and he will receive cash inflows of $80,000 a year for three years. If he waits one year to start the project, the initial cost will increase to $75,000 but the cash flows will also increase to $X a year for three years. The cost of capital is 12%. Find X that would make Igor indifferent between doing the project now and waiting till next year.