Question: Consider a project with the following information: Initial fixed asset investment ( = ) ( $ 505,000 ); straight-line depreciation to zero over the 4-year

Consider a project with the following information: Initial fixed asset investment \\( = \\) \\( \\$ 505,000 \\); straight-line depreciation to zero over the 4-year life; zero salvage value; price \\( =\\$ 45 \\); variable costs \\( =\\$ 28 \\); fixed costs \\( =\\$ 201,000 \\); quantity sold \\( =98,000 \\) units; tax rate \\( =24 \\) percent. How sensitive is OCF to changes in quantity sold? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
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