We are evaluating a project that costs $896,000, has an 7 -year life, and has no salvage value. Assume that depreciation is straight-line to zero over the life of the project. Sales are projected at 139,000 units per year. Price per unit is $43, variable cost per unit is $20, and fixed costs are $896,896 per year. The tax rate is 34 percent, and we require a 14 percent return on this project. Requirement 1: Break-Even (a)Calculate the accounting break-even point. (Do not round your intermediate calculations.) (b)What is the degree of operating leverage at the accounting break-even point? (Do not round your intermediate calculations.) Requirement 2: Base-Case \& NPV Sensitivity (a)Calculate the base-case operating cash flow. (Do not round your intermediate calculations.) (b)Calculate the base-case NPV. (Do not round your intermediate calculations.) (c)What is the sensitivity/elasticity of NPV to changes in the sales figure? Recall from your economics class that an elasticity measures a percentage change in one variable due to a percentage change in another. So simply increase sales quantity by 1 percent, calculate the new NPV, and then calculate the percentage change in the NPV. (Do not round your intermediate calculations.)