Problem $11-19$ Project Analysis $[$LO$1,2,3,4]$ You are considering a new product launch. The project will cost $ $2,150,000,$ have a fouryear life, and have no salvage value; depreciation is straight$-$line to zero. Sales are projected at $250$ units per year; price per unit will be $ $19,100,$ variable cost per unit will be $ $12,800,$ and fixed costs will be $ $640,000$ per year. The required return on the project is $9$ percent, and the relevant tax rate is $23$ percent. a$.$ Based on your experience, you think the unit sales, variable cost, and fixed cost projections given here are probably accurate to within $\backslash$pm $10$ percerit. What are the upper and lower bounds for these projections? What is the base$-$case NPV$?$ What are the best$-$case and worst$-$case scenarios? $($A negative answer should be indicated by a minus sign. Do not round intermediate calculations. Round your NPV answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$ Round your other answers to the nearest whole number, e$.$g$.32.)$ b$.$ Evaluate the sensitivity of your base$-$case NPV to changes in fixed costs. $($A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$ c$.$ What is the cash break$-$even level of output for this project $($ignoring taxes$)?($Do not round intermediate calculations and round unur answer to $2$ derimal nlarpe a a $/$r$/$n b$.$ Evaluate the sensitivity of your base$-$case NPV to changes in fixed costs. $($A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$ c$.$ What is the cash break$-$even level of output for this project $($ignoring taxes$)?($Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$ d$-1.$ What is the accounting break$-$even level of output for this project? $($Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$ d$-2.$ What is the degree of operating leverage at the accounting break$-$even point? $($Do not round intermediate calculations and round your answer to $3$ decimal places, e$.$g$.,32\mathrm{.}161.)$