Please make sure the answer is correct and show how you got it, thanks!

appy's Potato has come up with a new product, the Potato Pet (they are freeze-dried to last longer). Pappy's paid $130,000 for a narketing survey to determine the viability of the product. It is felt that Potato Pet will generate sales of $845,000 per year. The fixed osts associated with this will be $208,000 per year, and variable costs will amount to 20 percent of sales. The equipment necessary or production of the Potato Pet will cost $870,000 and will be depreciated in a straight-line manner for the four years of the product fe (as with all fads, it is felt the sales will end quickly). This is the only initial cost for the production. Pappy's has a tax rate of 22 bercent and a required retum of 14 percent. a. Calculate the payback period for this project. Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 32.16 . b. Calculate the NPV for this project. Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 32.16 . c. Caiculate the IRR for this project. Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16