A local aquatic center and gym has two pay plans for community members to choose from. The preferred plan costs $1.50 per visit and has a one time fee of $300. The basic plan costs $5 per visit with a one time fee of $25. The preferred plan definitely costs more in the beginning, but at some point, it appears the basic plan will cost more than the preferred plan. After how many visits will the preferred plan and the basic plan cost the same? PLEASE SHOW WORK