You are asked to evaluate a project which requires the purchase of an asset and you must determine the break-even level of the cost of the asset. The asset will be depreciated under CCA rules and will have zero salvage value at the end of the project. The life of the project and asset are both 6 years. The net working capital will increase by $40,000 at the beginning of the project but this can be fully recovered when the project ends. The firm's tax rate is 35% and its discount rate is 9.5%. Revenue is expected to be $150,000 per year and costs are expected to be 60% of revenue. What is the break-even level of the cost of the asset if the CCA rate is 10%