Which one of the following statements is correct?

The contribution margin is equal to sales minus fixed costs.

Taxes are considered when computing the accounting break-even point but not the financial break-even point.

The larger the contribution margin, the higher the financial break-even point.

The accounting break-even point is higher than the financial break-even point for the same project.

At the accounting break-even level, the pretax profit is equal to the aftertax profit.