Please show all excel formulas!

Master it! Solution a. Using the table below, calculate the payback period for the project. The cash flows should directly reference the inputs in the previous worksheet. Year of payback Fractional year Payback period t 0 $ 1 2 3 Cumulative Cash flow cash flow $ (250,000) $ (250,000) 41,000 $ (209,000) $ 48,000 $ (161,000) $ 63,000 $ (98,000) $ 79,000 $ (19,000) $ 88,000 $ 69,000 $ 64,000S 133,000 $ 41,000 $ 174,000 4 5 6 7 Payback period: Accept or reject: Using only the cash flow column, write a nested IF statement that calculates the payback period. The statement should show "Never" if the project has no payback period. b. Payback period: Accept or reject