We are evaluating a project that costs $$1,140,000,$ has a life of $10$ years, and has no salvage value. Assume that depreciation is straight$-$line to zero over the life of the project. Sales are projected at $54,000$ units per year. Price per unit is $$50,$ variable cost per unit is $$32,$ and fixed costs are $$720,000$ per year. The tax rate is $23$ percent and we require a return of $18$ percent on this project.