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2. The following data have been obtained for a machine. Cash operating costs =$5,000/ year Life =5 years Labor per hour =$14.00 First Cost =$70,00 Salvage =$15,000 Production rate =27 units / hr Tax rate =35% Depr S.L. ie =14.7 id =7.9% rd =35 The selling price is $50.00 - 01n where n is the number sold. a. Calculate the break even point(s) for production per year .b. Calculate the point of maximum profit, and the profit at that point