You are considering investing in a company that cultivates abalone for sale to local restaurants. Use the following information:

Sales price per abalone = $80

Variable cost per abalone = $5.40

Fixed cost per year = $750,000

Depreciation per year = $51,429

Tax Rate = 35%

The discount rate for the company is 15 percent, the initial investment in equipment is $360,000, and the project's economic life is 7 years. Assume the equipment is depreciated on a straight-line basis over the project's life ($51,429 per year). What is the Financial Break-Even level for the project? Do not use a comma in your numerical answer.