The initial cost of the project is $160,000 and it has a 5-year life, with a salvage value of zero. Depreciation is straight- line; the required return is 12% and the tax rate is 30%. Base Case Upper Bound Lower Bound Unit Sales 5,500 5,000 6,000 $ Price/unit 77 $ 80 $ 85 $ Var. cost/unit 57 $ 60 $ 65 Fixed cost/year 46,000 $ 50,000 $60,000 Net income for the Best Case is: 08:54 //