9. From problem 8 and using the calculated Annual Free Cash Flow, please solve the Net Present Value and IRR assuming a 7% rate of return/cost of capital, the same $560,000 Initial Outlay, a 4 year project life, and determine if you would proceed with this project. Please explain how you solved the problem or show your work. Is The Net TIC at is the Annual Free Cash Flow TEX V V OTT BI VA - A I A. EBITDA= $290,000-$60,000-$20,000= $210,000 B.210,000-140,000= 70,000 = EBIT C. 70,000 (0.32)= 22,400 70,000-22,400= 47.600 = NET INCOME D. 210.000- 22.400= $187.600