We are evaluating a project that costs $$955,000,$ has a life of eight years, and has no salvage value. Assume that depreciation is straight$-$line to zero over the life of the project. Sales are projected at $101,000$ units per year. Price per unit is $$42,$ variable cost per unit is $$21,$ and fixed costs are $$965,505$ per year. The tax rate is $22$ percent, and we require a return of $14$ percent on this project. The projections given for price, quantity, variable costs, and fixed costs are all accurate to within $+/-16$ percent.