QUESTION 6 1. An investment has an initial cash outflow of $210,000 for fixed assets that will be depreciated straight-line to zero over 4 years, which is the life of the project. The sales price is set at $19.95 a unit, the annual fixed costs of $237,000, and the variable cost per unit is $8.87. The tax rate is 34 percent and the discount rate is 11 percent. Assume the operating cash flow is the same from year 1 to year 4. At what sales quantity per year will the investment break even on a financial basis? (Hint: in the lecture, we only derive QBE when tax=0. Now you need to derive QBE with tax