Mike's Bikes is thinking about carrying a new line of adult tricycles. To carry this new line, Mike's Bikes would have to invest $21,522 in training and equipment. The new bikes would earn Mike's Bikes a 37% contribution margin as percent of selling price. Mike's Bikes will not take on the new line unless the company is assured of earning a 12% return on sales.

Calculate breakeven sales in DOLLARS, while achieving the ROS% target. (Rounding: penny.)