for the following question, please tell me If should include the salvage value to the cashflow to calculate NPV, internal rate of return, Annual equivalent, paybac period and discounted paybak period, accounting rate of return, and present value index?

Polycorp is considering an investment in new plant of $3.25 million.The project will be partially financed with a loan of $2,000,000 which will be repaid over the next five years in equal annual end of year instalments at a rate of 6.23 percent pa.Assume straight-line depreciation over a five-year life, and no taxes. The projects cash flows before loan repayments and interest are shown in the table below. Cost of capital is 12.05% pa (the required rate of return on the project). A salvage value of $225,000 is expected at the end of year five and is not included in the cash flows for year five below.

Cashflow 1: 920,000

Cashflow 2: 875, 000

Cashflow 3: 895,000

Cashflow 4: 955,000

Cashflow 5:925,000