Oriole Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $47 throughout the country to loyal alumni of over 3,700 schools. Orioles variable costs are 42% of sales; fixed costs are $116,000 per month.

Assume that variable costs increase to 46% of the current sales price and fixed costs increase by $13,000 per month. If Oriole were to raise its sales price by 11% to cover these new costs, what would be the new annual breakeven point in sales dollars?