You are considering investing in a company that cultivates abalone for sale to local restaurants. Use the following information:

Sales price per abalone=$43.90Variable costs per abalone=$10.90Fixed costs per year=$470,000Depreciation per year=$115,000Tax rate=24%

The discount rate for the company is 16 percent, the initial investment in equipment is $920,000, and the project's economic life is 8 years. Assume the equipment is depreciated on a straight-line basis over the project's life and has no salvage value.

a.What is the accounting break-even level for the project?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

b.What is the financial break-even level for the project?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)