b) Gading Group Berhad is doing a profitability analysis to build a 100,000 tonne/year Methanol plant in Tanjung Langsat,Johor. Table 2.2 shows the cash flow analysis of the plant. Given that the taxation rate is 40%, and the project life of the plant is 10 years after start up. Table 2.2 Project Cash Flows (All Values are in RM 106) Year Capital investment depreciation FCIL-Sdk Revenue from sales Total annual cost 0.00 0.80 5.01 2.70 2.00 0 0 1 2 2 3 4 5 6 7 8 9 10 11 12 12 1.54 2.46 1.48 0.89 0.89 0.45 7.7 7.7 7.7 7.7 7.7 6.16 3.70 2.22 1.33 0.45 4.10 4.10 4.10 4,10 4,10 4.10 4.10 4.10 4.10 4.10 Willa 2.2 2.2 2.2 2.2 2.2 2.2 2.2 2.2 2.2 2.2 NNNNNNNNNN i) Calculate the net profit after tax. (2 marks) ii) Determine the cumulative cash ratio and rate of return on investment (ROROI). (3 marks) iii) Using 11% p.a after tax internal hurdle rate, identify the net present value (NPV) and present value ratio (PVR)