The gaming commission is introducing a new lottery game called Infinite Progresso. The winner of the Infinite Progresso jackpot will receive $1, 300 at the end of January, $2, 500 at the end of February, $3, 700 at the end of March, and so on up to $14, 500 at the end of December. At the beginning of the next year, the sequence repeats starting at $1, 300 in January and ending at $14, 500 in December. This annual sequence of payments repeats indefinitely. If the gaming commission expects to sell a minimum of 950, 000 tickets, the minimum price they can charge for the tickets to break even, assuming the commission earns 12.00 %/year/month on its investments and there is exactly one winning ticket. Do all calculations to 5 decimal places and round final answer to 2 decimal places. Tolerance is +/-$0.03