can you please not show answer on excel and also break it down by each part so that I can understand. thank you!

1. You are looking at a new project and you have estimated the following cash flows: Year 0: CF = -45,000 Year 1: CF = 10,000 Year 3: CF = 20,000 Year 5: CF = 30,000 Your required rate of return is 10% per year compounded annually. The target payback period is 4 years. Part I: What is the NPV of this project and do we accept or reject the project? Part II: What is the IRR of this project and do we accept or reject the project? Part III: What is the payback period of this project and do we accept or reject the project? I (50 points) Show your calculation to get full points. Check your answer: NPV = -2,255.16 and IRR = 8.38% Answer: Part I: Part II: Part