Lumina Inc. sells desk lamps for $113 each. The variable cost per lamp is $45 and the fixed cost per year is $25,000. Creating a lamp requires an initial investment in equipment of $150,000 which has a life span of three years. What is the economic or NPV break-even number of books that must be sold each year given a discount rate of 18 percent?

1298

1383

1562

1417

1492