ezto.r hapter 9 Assignment i Saved 6 oints eBook Print References You are considering investing in a company that cultivates abalone for sale to local restaurants. Use the following information: Sales price per abalone Variable costs per abalone Fixed costs per year Depreciation per year Tax rate $34.80 $5.90 $373,000 $118,000 22% The discount rate for the company is 15 percent, the initial investment in equipment is $826,000, and the project's economic life is seven years. Assume the equipment is depreciated on a straight-line basis over the project's life. a. What is the accounting break-even level for the project? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the financial break-even level for the project? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Graw HALL a. Accounting break-even b. Financial break-even units I...... units < Prev 6 of 10 Next >