> A Moving to another question will save this response. Question 3 of 5 > >> Question 3 30 points Save Answer Please Solve the exercise and show results and procedure that back your answer for each question. You are considering investing in a company that cultivates abalone for sale to local restaurants. Use the following information: Sales price per abalone $8.75 Variable costs per abalone $1.23 Fixed costs per year $430,000 Depreciation per year $55,000 Tax rate 35% % The discount rate for the company is 13 percent, the initial investment in equipment is $385,000, and the project's economic life is seven years. Assume the equipment is depreciated on a straight-line basis over the project's life. a. What is the accounting break-even level for the project? b. ? b. What is the financial break-even level for the project? 10pt is For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B IV. Paragraph Arial Ex? X2 > TX 46 od Q ~ 35 ... 101 + RBC 12 FR FA -- EX: ++ E (3) P P O WORDS POWERED BY TINY