$(3$pts$)$ FINANCIAL BREAK$-$EVEN: Jumpers, Inc. has a project that will require spending of $$2,300,000$ on new fixed assets that will be depreciated on a straight$-$line basis to a value of zero over the $5$ year project life at which point the asset will be worthless. The project involves selling new products for $$36,000$ per unit, with a variable cost of $$22,000$ per unit. Annual fixed expenses are $$425,000.$ The company has a $20\%$ required return.

a$)$ Determine the annual OCF $($PMT$)$ that will deliver a NPV $=$$$0$

$789,073\mathrm{.}32$

b$)$ Find the number of units necessary to achieve the financial break$-$even? Round the units to a whole number.

$Q=\frac{\text{O}\text{C}\text{F}+FC}{P-v}$

$$6$ units.

c$)$ What is the IRR$\%$ of the project? Hint: Remember the NPV $=$$$0.q,$