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Listed are credentials for a new company project: Initial investment: $500,000; Fixed costs: $160,000; Variable costs: $11 per unit; Selling price: $25 per unit; Discount

Listed are credentials for a new company project: Initial investment: $500,000; Fixed costs: $160,000; Variable costs: $11 per unit; Selling price: $25 per unit; Discount rate: 11 percent; Project life: 5 years; Tax rate: 25 percent. Fixed assets are depreciated using straight-line depreciation over the project's life. What is the financial break-even point?

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