We are evaluating a project that costs $732,000, has a life of 13 years, and has no salvage value. Assume that depreciation is straight-line to zero over the life of the project. Sales are projected at 94,000 units per year. Price per unit is $44, variable cost per unit is $28, and fixed costs are $732,732 per year. The tax rate is 25 percent, and we require a return of 13 percent on this project. 1a. Calculate the accounting break-even point. Break-even point 1b. What is the degree of operating leverage at the accounting break-even point? 2a. Calculate the base-case cash flow. Cash flow 2b. Calculate the NPV