Rogue River, Inc. is considering a project that has an initial outlay or cost of $220,000. The respective future cash inflows from its four-year project for years 1 through 4 are: $50,000, $60,000, $70,000, and $80,000, respectively. Rogue River does not invest in project that takes longer than 3 years to recover its initial investment. Rogue River uses a 10% discount rate to evaluate its projects. Use the information provided in the case to compute the following: Show Workout a) Payback period, b) discounted payback period, c) net present value, d) IRR (6 marks) e) Profitability Index. f) Advise the firms management whether the project should be accepted.