Problem $7-4$ Financial Break$-$even

Ayden's Toys, Incorporated, just purchased a $$510,000$ machine to produce toy cars. The machine will be fully depreciated by the straight$-$line method over its $8-$year economic life. Each toy sells for $$26.$ The variable cost per toy is $$8$ and the firm incurs fixed costs of $$370,000$ per year. The corporate tax rate for the company is $25$ percent. The appropriate discount rate is $13$ percent. What is the financial break$-$even point for the project? $($Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$