Problem 11-19 Project Analysls [LO1, 2, 3, 4] You are considering a new product launch. The project will cost $2,350,000, have a fouryear life, and have no salvage value; depreciation is straight-line to zero. Sales are projected at 330 units per year; price per unit will be $19,600, variable cost per unit will be $14,000, and fixed costs will be $720,000 per year. The required retum on the project is 10 percent, and the relevant tax rate is 21 percent. a. Based on your experience, you think the unit sales, variable cost, and fixed cost projections given here are probably accurate to within \pm 10 percent. 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 negatlve onswer should be Indleated by a minus sign. Do not round Intermedlate calculetlons. Round your NPV answers to 2 declmal places, e.g., 32.16. 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 Indleated by a minus sign. Do not round Intermedlate calculetions and round your answer to 2 declmal pleces, e.g., 32.16.) c. What is the cash break-even level of output for this project (ignoring taxes)? (Do not round Intermedlete calculations and round your answer to 2 declmal places, e.g., 32.16.) d-1. What is the accounting break-even level of output for this project? (Do not round Intermedlate calculetions and round your answer to 2 declmal places, e.g., 32.16.) d-2. What is the degree of operating leverage at the accounting break-even point? (Do not round Intermedlete calculetlons and round your answer to 3 declmal places, e.g., 32.161.)