Mesa Media is evaluating a project to help increase sales. The project costs $620,000 and has an IRR equal to 14 percent. The project is divisible, which means any portion can be purchased. Mesa can raise up to $84,000 in new debt at a before-tax cost (rd) equal to 7 percent; additional debt will cost 9 percent before taxes. Mesa expects to retain $432,000 of its earnings this year to support the purchase of the project. Mesa's cost of retained is 14% and its cost of new common equity is 17%. It's target capital structure consists common equity. if Mesa's marginal tax rate is 40% how much of the project should be purchased? Round your answer to the nearest dollar.