You are working on a bid to build two apartment buildings a year for the next four years. This project requires the purchase of $1,000,000 of equipment that will be depreciated using straight-line depreciation to a zero-book value over the project`s life. Ignore bonus depreciation. The equipment can be sold at the end of the project for $415,000. You will also need $165,000 in net working capital over the life of the project. The fixed costs will be $528,000 a year and the variable costs will be $1,640,000 per building. Your required rate of return is 12 percent for this project and your tax rate is 21 percent. What is the minimal amount, rounded to the nearest $100, you should bid per building?