S is considering investing in a two-year project. The SFSUs required rate of return is 10%. The present value of $1 for one period at 10% is .909 and .826 for two periods at 10%. The project is expected to create cash flows, net of taxes, of $240,000 in the first year, and $300,000 in the second year. SFSU should invest in the project if the project's cost is less than or equal to (Round to nearest ones):