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Question 24 (3 points) A company is analyzing an investment project that has an equipment cost of $1,200, a change in net working capital of

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Question 24 (3 points) A company is analyzing an investment project that has an equipment cost of $1,200, a change in net working capital of $400, a salvage value after tax of $400, a life of 6 years, a tax rate of 21 percent, and a discount rate of 9 percent. The operating cash flow for this investment project will be a 6-year annuity What is the financial breakeven value of the annual operating cash flow for this investment project? Use the model for the NPV of an investment project when the OCF is an annuity. Enter your answer in the box shown below as dollars with two digits to the right of the decimal point

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