Problem #1.1 [343+2-8 marks) The Special Need Chairs Company makes chairs for people . Each chair sells for $300; variable cost is $140 per chair and fixed cost is 3600,000 per year. This $600,000 does not include depreciation or CCA. The initial cost of with disabilities Plant and Equipment $2 million. This is being depreciated using straight line method over a ten year period with zero salvage value. Tax rate is 40% and Cost of capital is 12%. Calculate Accounting break-even level of sales in terms of number of chairs produced and sold per year a) Chairs per year b) Calculate Economic (NPV) break-even level of sales in terms of number of chairs