A project has the following estimated data: price=$54 per unit; variable costs=$36 per unit; fixed costs=$19,300; required return =12 percent; initial investment=$26,800; life=four years. Ignoring the effect of taxes and assume no salvage value. Also assume that depreciation is straight-line to zero over the life of project

What is the financial break-even quantity? If the project breaks even on a financial basis, findthe NPV and IRR.

1,562

NPV=0

IRR=required rate of return

I already have the answer which is 1,562 i just need to show my work and how i got that number. How do you get 8,823? (PMT)