Please assist

BLL is considering a project that would require an initial investment of $300,000 and would have a useful life of 6 years. The annual cash receipts would be $156,000 and the annual cash expenses would be $60,000. The salvage value of the assets used in the project would be $20,000. The company's tax rate is 30%. For tax purposes, the entire initial investment without any reduction for salvage value will be depreciated over 6 years. The company uses a discount rate of 10%. Required: Determine the (show workings): a) net present value. b) payback period. c) accounting rate of return. d) Should the project be accepted? Why? (5 marks) (2 marks) (2 marks) (1 marks)