You are a manufacturing engineer and have been asked to project the costs required to produce a new line of products for your company. After contacting the appropriate equipment manufacturers and consulting with management about labor and overhead costs, you determine that the manufacturing line will cost $8.3 million to get into operation. The marketing department tells you that the company can expect to see a profit of $37.50 per item produced and that they can sell 1,500 items per day in big chain stores. You run into your boss at the coffee machine and she casually asks you what the break even point will be for your new line. What do you tell her?