d. Country Store is looking into purchasing a sea van as a storage van for 5 years. The cost of the sea van is at Php 1,450,000.00 Below is the estimated net income for 5 years. Country Store uses ARR in evaluating capital investment and have set their required rate of return at 14%. What will you recommend? Support your recommendation. 1 Php 150,000 2. 250,000 3 200,000 4 300,000 5 550,000 e. Calculate the net present value of a project which requires an initial investment of Php 900,000 and it is expected to generate a cash inflow of Php 400,000 for 10 years. The target rate of return is 30% per annum