Monmart Corp. plans to expand its business. The installation cost is $$2$ million, which will be depreciated straight$-$line to zero over its $4-$year life. The project will yield the net income of $$417,000,$ $$329,500,$ $$258,100,$ and $$358,000$ over the next $4$ years. Calculate the AAR of the project.YearCash FlowYear $0-30,000$Year $120,000$Year $25,000$Year $310,000*)$ Suppose the firm uses the IRR decision rule. Should the firm accept the project if the required return is $8\%?($Calculator & Spreadsheet$)*)$ Suppose the firm uses the IRR decision rule. Should the firm accept the project if the required return is $11\%?($Calculator & Spreadsheet$)*)$ Suppose the firm uses the NPV decision rule. Should the firm accept the project if the required return is $9\%?($Calculator & Spreadsheet$)*)$ Suppose the firm uses the NPV decision rule. Should the firm accept the project if the required return is $22\%?($Calculator & Spreadsheet$)*)$ Suppose the firm uses the NPV decision rule. Should the firm accept the project if the required return is $0\%?($Calculator & Spreadsheet$)*)$ Suppose the firm uses the Pl decision rule. Should the firm accept the project if the required return is $7\%?($Calculator & Spreadsheet$)*)$ Suppose the firm uses the Pl decision rule. Should the firm accept the project if the required return is $16\%?($Calculator & Spreadsheet$)$