A project requires an initial investment of $10,000, straight-line depreciable to zero over four years. The discount rate is 10%. Your tax bracket is 34% and you receive a tax credit for negative earnings in the year in which the loss occurs. Additional information for variables with forecast error are shown below. 
Suppose you want to conduct a sensitivity analysis for the possible changes in unit sales. What is the IRR when the sales level equals 3,250 units?
Definitions:
Sales Commissions
Payments made to salespersons, which are typically a percentage of the sales they generate.
Contract Price
The total monetary amount agreed upon in a contract for the sale of goods or services.
Repudiates
The act of refusing to accept or be associated with something, such as a contract or agreement.
Unfit Seed
Seeds that are unsuitable for planting due to poor quality, contamination, or being genetically modified without approval.
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