(PART B - 75 POINTS) 12. Here is a table of a typical data for a petroleum economic project YEAR REVENUES EXPENSES INVESTMENT ($) ($) ($) 0 0 0 600 1 800 400 1200 2 2000 900 0 3 1500 800 0 4 500 480 0 Determine the following: 1. Payout at 15% (10) 2. NPV at !5% (15) 3. ROR by calculating NPV at 10%, 20% and 30% (40) 4. If the management average opportunity rate is 18%, what will be your recommendation to the management? (10) PLEASE SHOW YOUR STEPS AND CLEARLY BOX YOUR ANSWERS WITH CORRECT UNITS