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Ayden's Toys, Incorporated, purchased a $ 4 8 5 , 0 0 0 machine to produce toy cars. The machine will be fully depreciated by

Ayden's Toys, Incorporated, purchased a $485,000 machine to produce toy cars. The machine will be fully depreciated by the straight-line method over its five-year economic life. Each toy sells for $19. The variable cost per toy is $6 and the firm incurs fixed costs
of $310,000 per year. The corporate tax rate for the company is 24 percent. The appropriate discount rate is 12 percent. What is the financial break-even point for the project? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g.,32.)
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