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An investment has an initial cash outflow of $210,000 for fixed assets that will be depreciated straight-line to zero over 4 years, which is the

An investment has an initial cash outflow of $210,000 for fixed assets that will be depreciated straight-line to zero over 4 years, which is the life of the project. The sales price is set at $19.95 a unit, the annual fixed costs of $237,000, and the variable cost per unit is $8.87. The tax rate is 34 percent, and the discount rate is 11 percent.

What the investments financial break-even? (Do not round intermediate calculations. Enter the final answer, rounded up to the nearest whole number, e.g., 12.5 as 13 or 12.4 as 12).

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