The gaming commission is introducing a new lottery game called Infinite Progresso. The winner of the Infinite Progresso jackpot will receive $1,000 at the end of January, $1,900 at the end of February, $2,800 at the end of March, and so on up to $10,900 at the end of December. At the beginning of the next year, the sequence repeats starting at $1,000 in January and ending at $10,900 in December. This annual sequence of payments repeats indefinitely. If the gaming commission expects to sell a minimum of 1,050,000 tickets, what is the minimum price they can charge for the tickets to break even, assuming the commission earns 3.00%/ year 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. Click here to access the TVM Factor Table Calculator eTextbook and Media Hint Assistance Used Note that n12 and i is the monthly interest rate ( i - 3.00/12% per month 0.25% per month -0.0025),A$1,000,G$900, and Tickets Sold - 1,050,000. Capitalized cost - Uniform Series Amount/Interest Rate To break even set the capitalized cost equal to revenues from ticket sales