You are considering investing in a company that cultivates abalone for sale to local restaurants. Use the following information: Sales price per...

You are considering investing in a company that cultivates abalone for sale to local restaurants. Use the following information:

Sales price per abalone = $35.70

Variable costs per abalone = $6.80

Fixed costs per year = $382,000

Depreciation per year = $127,000

Tax rate = 40%

The discount rate for the company is 14 percent, the initial investment in equipment is $889,000, and the project's economic life is seven years. Assume the equipment is depreciated on a straight-line basis over the project's life.

The accounting break even is 17,612 units

What is the financial break-even level for the project?