A city has decided to build a softball complex, and the city council has already voted to fund the project at the level of $800,000 (initial capital investment). The city engineer has collected the following financial information for the complex project:

• Annual upkeep costs: $120,000
• Annual utility costs: $13,000
• Renovation costs: $50,000 for every five years
• Annual team user fees (revenues): $32,000
• Useful life: Infinite
• Interest rate: 8%

If the city can expect 40,000 visitors to the complex each year, what should be the minimum ticket price per person so that the city can break even?