please explain each step clearly & precisely. Also, I would like this time a different expert solve my 2 repeated questions.

A firm is planning a new project that is projected to yield cash flows of $239,000 per year in Year 1 through Year 2, $332,000 per year in Years 3 through 5, and $355,000 in Years 6 through 9, and $210,000 in Years 10 through 12. This investment will cost the company $1,800,000 today (initial outlay). We assume that the firm's cost of capital is 8.5%. (1) Draw a timeline to show the cash flows of the project. (2) Compute payback period, net present value (NPV), profitability index (PI), internal rate of return (IRR), and modified internal rate of return (MIRR). (3) Discuss whether the project should be taken. a