A project has an estimated sales price of $71 per unit, variable costs of $44 per unit, fixed costs of $57,000, a required return of 14 percent, an initial investment of $79,500, no salvage value, and a life of four years. Ignore taxes. Assume that depreciation is straight-line to zero over the life of the project.

1)What is the financial break-even point for this project?

2)What is the IRR for this project at the financial break-even point?