1. Winter Inc. is assessing a project. The project requires an initial amount to be invested of $300,000. The investment will be for 5 years and in the first year, a further investment of $130,000 will be required. After the first year, cash inflows will be: Year 2 $75,000 Year 3 $150,000 Year 4 $200,000 Year 5 $125,000 Winter's finance director uses a 4% interest rate when making investment decisions. Required: a) Calculate the net present value of the project. Advise Winter whether the project shou d go ahead. b) For a corporation, explain how using net present value to make investment relates to shareholder objectives.