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When determining the break-even point for each year of a 3-year project, do we include the upfront initial cost of 21,000 for purchasing equipment (10,500

When determining the break-even point for each year of a 3-year project, do we include the upfront initial cost of 21,000 for purchasing equipment (10,500 of this is cash we already had and the other 10,500 was borrowed from a bank)?

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