The next two questions pertain to the problem below: 22. A firm is considering purchasing new equipment costing $1,200,000 which will be depreciated straight line over 10 years, the life of the equipment. There is no salvage value and you can ignor taxes. The equipment is expected to produce new units which will sell for $1,000 per unit. Variable costs will be $600 per unit. Fixed costs are $360,000. Assume the firm's required rate of return is 12%. Calculate the financial break even point ("Q"). Approx 610 units Approx 756 units Approx 831 units 8 8 8 8 8 8 Approx 980 units Approx 1,225 units Approx 1,431 units 23. Based on the information in question # 22 and your answer, which break even points (accounting, cash and financial) will the project reach first, then second and then last? a. cash break even point followed by the accounting break even point and then finally the financial break even point. b. cash break even point followed by the financial break even point and then finally the accounting break even point. C. accounting break even point followed by the cash break even point and then finally the financial break even point. d. accounting break even point followed by the financial break even point and then finally the cash break even point. e. financial break even point followed by the cash break even point and then finally the accounting break even point. f. financial break even point followed by the accounting break even point and then finally the cash break even point. a b d e f