An Investment Has an Initial Cash Outflow of $210,000 for Fixed

Multiple Choice

An investment has an initial cash outflow of $210,000 for fixed assets that will be depreciated straight-line to zero over the 4-year life of the project.The sales price is $19.95 a unit,annual fixed costs are $237,000,the variable costs per unit are $8.87,and the tax rate is 23 percent.At what annual sales quantity will the investment break even on an accounting basis?

A) 32,088 units
B) 29,889 units
C) 24,092 units
D) 30,135 units
E) 26,129 units