Glossimer Thread Company is evaluating an investment that will cost $755,000 and will yield cash inflows of $240,000 in the first year, $340,000 in the second year, and $370,000 in the third and the final year. Use the table below and determine the internal rate of return. Present value of $1: 8% 1 0.926 2 0.857 3 0.794 4 0.735 5 0.681 9% 0.917 0.842 0.772 0.708 0.650 10% 0.909 0.826 0.751 0.683 0.621 11% 0.901 0.812 0.731 0.659 0.593 12% 0.893 0.797 0.712 0.636 0.567 The IRR of the project will be A. more than 11% B. less than 10% C. less than 11%, more than 10% D. between 11% and 11% Blythe Company has provided the following information: Sales price per unit Variable cost per unit Fixed costs per month $40 18 $12,000 What is the amount of sales in dollars required for Blythe to break even? (Round any percentages to two decimal places and your final answer to the nearest dollar.) A. $21,818 B. $667 C. $545 D. $12,000