A potential five-year project has a projected net cash flow of $30,000 in each of the five years (Year 1 to Year 5). The cost of the project, incurred in Year 0, is $100,000. The companys required rate of return is 20%.

(a) Fill in the columns headed Discounter and NPV in the table below.

(b) Advise the company as to whether or not to proceed with the project. Give the reason(s) for your advice

Year	Amount ($)	Discounter	NPV
0	-100,000
1	30,000
2	30,000
3	30,000
4	30,000
5	30,000
Total