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Wettway Sailboat Corporation is considering whether to launch its new Margo - class sailboat. The selling price will be $ 4 3 , 0 0

Wettway Sailboat Corporation is considering whether to launch its new Margo-class sailboat. The selling price will be $43,000 per boat. The variable costs will be about half that, or $22,000 per boat, and fixed costs will be $485,000 per year.
The total investment needed to undertake the project is $3,300,000. This amount will be depreciated straight-line to zero over the 7-year life of the equipment. The salvage value is zero, and there are no working capital consequences. Wettway has a required return of 13 percent on new projects.
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Use the above expression to find the cash, accounting, and financial break-even points for Wettway Sailboat. Assume a tax rate of 23 percent. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g.,32.16.)
\table[[],[Cash break-even],[Accounting break-even],[Financial break-even]]
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