You are considering investing in a company that cultivates abalone for sale to local restaurants....

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You are considering investing in a company that cultivates abalone for sale to local restaurants. Use the following information Sales price per abalone $35.60 Variable costs per abalone -$6.70 Fixed costs per year $381,000 Depreciation per year$126,000 Tax rate -35% The discount rate for the company is 15 percent, the initial investment in equipment is $882,000, and the project's economic life is seven years. Assume the equipment is depreciated on a straight-line basis over the project's life a. What is the accounting break-even level for the project? (Do not round intermediate calculations and round your answer to decimal places, e.g., 32.16.) Accounting break-even level b. What is the financial break-even level for the project? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Financial break-even level units You are considering investing in a company that cultivates abalone for sale to local restaurants. Use the following information Sales price per abalone $35.60 Variable costs per abalone -$6.70 Fixed costs per year $381,000 Depreciation per year$126,000 Tax rate -35% The discount rate for the company is 15 percent, the initial investment in equipment is $882,000, and the project's economic life is seven years. Assume the equipment is depreciated on a straight-line basis over the project's life a. What is the accounting break-even level for the project? (Do not round intermediate calculations and round your answer to decimal places, e.g., 32.16.) Accounting break-even level b. What is the financial break-even level for the project? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Financial break-even level units

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