1. Suppose, the project has OCF of $77000 and its fixed costs are $8000.All else the same, if fixed costs increase to $9000 (sales and other costs stay the same)

   which of the following will be true?

   I. Operating leverage will increase

   II. Accounting break-even will decrease

   III. Cash break-even will increase

   		III only
   		I and III only
   		II and III only
   		All of the above
   		I and II only