1. Mod Inc. sells parts for $125 each. Fixed costs are $1,800 per year and variable costs are $80 per unit. If the initial investment is $10,000 and is expected to last for 8 years and the firm pays 35% taxes, what is the accounting and economic break-even level of sales respectively? The initial investment will be depreciated straight-line over 8 years to a final value of zero, and the discount rate is 12%.Please show all work!