You are considering a new product launch. The project will cost $$915,000,$ have a $4$ year life, and have no salvage value; depreciation

is at a CCA rate of $20$ percent. Sales are projected at $440$ units per year, price per unit will be $$19,600,$ variable cost per unit will be

$$16,200,$ and fixed costs will be $$648,000$ per year. The required return on the project is $14$ percent, and the relevant tax rate is $34$

percent. Assets will remain in the CCA class after the end of the project. $($Do not round intermediate calculations.$)$

a$.$ The unit sales, variable cost, and fixed cost projections given above are probably accurate to within $+-10$ 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? $($Negative

amounts should be indicated by a minus sign. Round the final answer to $2$ decimal places. Omit $ sign in your response.$)$

b$.$ Calculate the sensitivity of your base$-$case NPV to changes in fixed costs. $($Negative amount should be indicated by a minus sign.

Round the final answer to $2$ decimal places. Omit $ sign in your response.$)$

$\frac{?}{{?}_{\frac{?}{?}}NP}\frac{V}{\frac{?}{{?}_{\frac{?}{?}}}}FC,$$

c$.$ What is the PV $($financial$)$ break$-$even level of output for this project? $($Round the answer to nearest whole number.$)$

Financial break$-$even

units