The Fit for Life Gym is looking at investing in a new project. The machinery required for a three-year project costs $20,000, belongs in a 15% CCA class, and will require a net working capital investment of $5,000 up-front. This working capital will be recovered in year 3. The project generates after-tax operating income of $11,500 annually. The machinery will be sold for $2,000 at the end of the project. The firm has a tax rate of 34% and a required return of 10%. A. Based on a required payback of 2 years should the company go ahead with the project on a payback basis? (2 marks) B. Should the company go ahead with the project based on discounted payback if the company requires the project payback in 2 years? (4 marks) C. What is the project NPV? Should the company go ahead with the project