McGilla Golf has decided to sell a new line of golf clubs. The clubs will sell for $$945$ per set and have a variable cost of $$471$ per set. The company has spent $$300,000$ for a marketing study that determined the company will sell $90,000$ sets per year for seven years. The marketing study also determined that the company will lose sales of $9,100$ sets per year of its high$-$priced clubs. The high$-$priced clubs sell at $$1,375$ and have variable costs of $$695.$ The company will also increase sales of its cheap clubs by $11,800$ sets per year. The cheap clubs sell for $$380$ and have variable costs of $$171$ per set. The fixed costs each year will be $$15,350,000.$ The company has also spent $$2,500,000$ on research and development for the new clubs. The plant and equipment required will cost $$54,700,000$ and will be depreciated on a straight$-$line basis. The new clubs will also require an increase in net working capital of $$4,125,000$ that will be returned at the end of the project. The tax rate is $25$ percent, and the cost of capital is $13$ percent.

Calculate the Time $0$ cash flow.

Note: Enter your answer as a positive value. Do not round intermediate calculations and round your answer to the nearest whole number, e$.$g$.,32.$

Construct the pro forma income statement.

Note: Do not round intermediate calculations and round your answers to the nearest whole number, e$.$g$.,32.$

Calculate the OCF.

Note: Do not round intermediate calculations and round your answer to the nearest whole number, e$.$g$.,32.$

Calculate the payback period, the NPV$,$ and the IRR.

Note: Enter your IRR as a percent. Do not round intermediate calculations and round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$