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What is the financial breakeven point for the project shown in the table below?
-Option 1: 2980
-Option 2: 2780
-Option 3: 2210
-Option 4: 3340
-Option 5: 2505
Life of Project
5 years
Initial Investment
$250,000
Price per Unit
$60.00
Variable Cost Per Unit
$20.00
Annual Fixed Costs
$30,000
Tax Rate
21%
Required Rate of Return
10%
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