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Ayden's Toys, Incorporated, just purchased a $ 5 1 5 , 0 0 0 machine to produce toy cars. The machine will be fully depreciated

Ayden's Toys, Incorporated, just purchased a $515,000 machine to produce toy cars.
The machine will be fully depreciated by the straight-line method over its 8-year
economic life. Each toy sells for $27. The variable cost per toy is $9 and the firm incurs
fixed costs of $375,000 per year. The corporate tax rate for the company is 21 percent.
The appropriate discount rate is 9 percent. What is the financial break-even point for the
project? (Do not round intermediate calculations and round your answer to 2 decimal
places, e.g.,32.16.)
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