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

Sales price per abalone $=$ $$34\mathrm{.}80$

Variable costs per abalone $=$ $$5\mathrm{.}90$

Fixed costs per year $=$ $$373,000$

Depreciation per year $=$ $$118,000$

Tax rate $=22\%$

The discount rate for the company is $15$ percent, the initial investment in equipment is $$826,000,$ and the project$$s economic life is seven years. Assume the equipment is depreciated on a straight$-$line basis over the project$$s life.

b$.$ What is the financial break$-$even level for the project? $($ round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$