A city has decided to build a softball complex, and the city council has already voted to fund the project at the level of $770,000 (initial capital investment). The city engineer has collected the following financial information for the complex project: Annual upkeep costs: $113,000 Annual utility costs: $16,000 Renovation costs: $51,000 for every four years Annual team user fees (revenues): $31,000 Useful life: Infinite Interest rate: 9% If the city can expect 43,000 visitors to the complex each year, what should be the minimum ticket price per person so that the city can break even? Click the icon to view the interest factors for discrete compounding when i = 9% per year