You are considering a new product launch. The project will cost $2,125,000, have a fouryear life, and have no salvage value; depreciation is straight-line to zero. Sales are projected at 240 units per year; price per unit will be $18,900, variable cost per unit will be $12,650, and fixed costs will be $630,000 per year. The required return on the project is 9 percent, and the relevant tax rate is 22 percent