$2)$ Games Inc. has developed a new electronic game and compiled the following product information.

Year Production Cost Promotion Cost Sales Revenue

$1$ $$48,000$ Nil Nil

$2$ $$48,000$ $$64,000$ $$64,000$

$3$ $$48,000$ $$96,000$ $$256,000$

$4$ $$48,000$ $$32,000$ $$128,000$

$5$ $$48,000$ Nil $$32,000$

If the company requires a return of $16\%$ on investments

a$)$ Calculate the NPV of the project. $(8$ Marks$)$

b$)$ Calculate the ROI of the project. $(2$ Marks$)$

c$)$ Determine the payback period of the project.$(2$ Marks$)$

d$)$ Which you go ahead with the project? Why$/$why not? $(3$ Marks$)$