Twilight Lumina Company recently began production of a new product, the halogen light, which required an investment of $ $1,440,000$ in assets. The costs of producing and selling $7,200$ halogen lights. Twilight Lumina Company is currently considering establishing a selling price for the halogen light. The president of Twilight Lumina Company has decided to use the cost$-$plus approach to product pricing and has indicated that the halogen light must earn a $20\%$ rate of return on invested assets.