free-year 9. Your firm is preparing to bid on a contract to provide five (5) components p.a. in the manufactue of airplanes to MacDonald Douglas Corp. The manufacture of these items would require an investment in additional capital equipment. The parameters of the proposal as follows: Investment in new equipment: $1.0 million Working capital requirement: $200,000 Residual value of new equipment : $100,000 Tax depreciation method: Straight-line to zero over the five-year life Fixed cost associated with new equipment: $200,000 p.a. Unit variable cost of components: $50,000 Tax rate: 25% Cost of funds: 12% In the space below, perform the computations necessary to calculate the bid price per unit