Lee Corporation is evaluating a project that costs $800,000, has a five-year life, and has no salvage value. Assume that depreciation is straight-line to zero over the life of the project. The tax rate is 35%, and Lee Corp. requires a 15% return on this project. Sales are projected at 380 units per year. Price per unit is $5,000, variable cost per unit is $2,200, and fixed costs are $350,00 per year.

What is the financial breakeven sales for this project?

a. 312 units

b. 280 units

c. 255 units

d. 210 units

e. None of the above.