Your firm is considering taking on a project that will result in OCFs of $$150,000$ per year, forever. Your firm has a $0\mathrm{.}85$ debt$-$to$-$equity ratio. The yield to maturity on bonds is $5\%.$ Corporate tax rate is $30\%.$ The current stock price is $$87.$ The firm has paid dividends of $$2\mathrm{.}25,$ $$2\mathrm{.}50,$ and $$3\mathrm{.}55$ over the last $3$ years and the most recent dividend payment is $$3\mathrm{.}75.$ Use the geometric average growth rate to estimate the cost of equity. Since this project is riskier than usual, management will apply an adjustment factor of $+2\%$ to the cost of capital for this project. What is the maximum cost of the project for us to accept?

Do not round any numbers until the very last answer.