1. Modern Artifacts can produce keepsakes that will be sold for $70 each. Nondepreciation fixed costs are $2,300 per year, and variable costs are $35 per unit. The initial investment of $6,000 will be depreciated straight-line over its useful life of 5 years to a final value of zero. The depreciation rate is 25% each year for the next 5 years. The WACC is 10%. There is no change in NWC.
   1. What is the NPV break-even level of unit sold if the firms tax rate is 20%?