Please explain all work CLEARLY for a Like (not with excel).

QUESTION 16 Assume you have the following information about Vanover Manufacturing. Please calculate breakeven quantity Initial equipment cost is $20,000 Price = $5 per unit: variable costs = $3 per unit Fixed operating costs = $10,000 -5 year life; straight-line depreciation to 0.no salvage value -Assume no taxes. K = 20% 0 7,000 O 5,000 O 10,000 O 8,344 6,688