Ajax corporation has a project with a 10 year life and a $200,000 cost. The project is depreciated straight life over the life of the project. Other fixed costs amount to $400,000 and variable costs per unit are $30. If the company intends on selling 50,000 units and has a 10% return requirement, calculate the companys cash break-even price.

A)$33.00 B)$38.00 C)$30.40 D)$33.40 E)$38.40

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