Use the following information to answers questions 13 to 15. (Short Answer Chapter 7) The Quorum Company has a prospective 6-year project that requires initial fixed assets costing $963,000, annual fixed costs of $403,400, variable costs per unit of $123.60, a sales price per unit of $249, a discount rate of 14 percent, and a tax rate of 21 percent. The asset will be depreciated straight-line to zero over the life of the project.

1.Compute the accounting break even sales quantity

2. At what sales quantity per year will the investment break even on a financial basis?

3. Explain in words why is there a difference between the two answers?