We are evaluating a project that costs $981,000, 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 158,000 units per year. Price per unit is $36, variable cost per unit is $23, and fixed costs are $996,696 per year. The tax rate is 22 percent, and we require a return of 12 percent on this project. 1a. Calculate the accounting break-even point. 1b. What is the degree of operating leverage at the accounting break-even point? 2a. Calculate the base-case cash flow. 2b. Calculate the NPV. 2c. What is the sensitivity of NPV to changes in the quantity sold? 2d. What your answer tells you about a 500-unit decrease in the quantity sold? 3a. What is sensitivity of OCF to changes in variable cost figure? 3b. How much will OCF change if variable costs decrease by $1