Due Week # 7 (Worth 10% of final grade): Break-evenAnalysisBased on the template

Due Week # 7 (Worth 10% of final grade): Break-evenAnalysisBased on the template provided in the Holden text I want youto explain and create a situation where you apply a break-evenanalysis model based on accounting profit. You will need to explainthe situation you are modeling the assumptions you are making andthen describe in your users manual how the model works and theinputs/outputs.1. Application(s) of course material in building model 20points2. Explanation and definition of financial principlesinvolved 25 points3. Detailed assumptions that model is built upon andcorrectcalculation of model components 20 points4. Lessons Learned and Observations from model 35points