Valerie just completed analyzing a project. her analysis indicates that the project will have a six-year life and require an initial cash outlay of $120,000. annual sales are estimated at $189,000 and the tax rate is 21 percent. the net present value is negative $120,000. based on this analysis, the project is expected to operate at the: multiple choice maximum possible level of production. minimum possible level of production. financial break-even point. accounting break-even point. cash break-even point.