Alpha Ltd$.$ intends to introduce a new product, branded $"$Q$"$ into the market. This will require an initial investment in machinery costing Sh$\mathrm{.}4,800,000.$ The machinery will be installed at a cost of Sh$\mathrm{.}200,000$ and is estimated to have a useful life of four years and a salvage value of Sh$\mathrm{.}800,000.$ Additional information:$1.$ Capital allowance will be provided on the machinery on straight line basis over its useful line$\mathrm{.}2.$ Annual profits from the sale of Product $"$Q$"$ will amount to Sh$.1,920,000$ before deducting depreciation on machinery$\mathrm{.}3.$ An investment in working capital amounting to Sh$\mathrm{.}340,000$ will be required on commencement of the project$\mathrm{.}4.$ The firm pays corporation tax at the rate of $30\%\mathrm{.}5.$ Cost of capital is $15\%$ per annum.Required:i$.$ The annual depreciation rate. $(3$ marks$)$ii$.$ The total initial cash outlay. $(2$ marks$)$iii$.$ The total terminal cash flows. $(2$ marks$)$iv$.$ The annual net operating cash flows. $(5$ marks$)$v$.$ Using the net present value approach, advise the management of this company on the suitability or otherwise of the project