The Titanic Shipping Company is considering adding a replacement ship for their companyThe following $2$ options are availableShip $15$ yearsShip $26$ yearscost useful liferequire rate of return expected cash flows year $1$year $2$year $3$year$4$year $5$year $62,200,0008\%200000400000400000600000800000700000010\%120000120000120000120000120000700,000$REQUIRED:$1)$ WHAT IS THE PAYBACK OF SHIP $12)$ WHAT IS THE PAYBACK OF SHIP $23)$ WHAT IS THE NET PRESENT VALUE OF SHIP $14)$ WHAT IS THE NET PRESENT VALUE OF SHIP $25)$ If you only have the resources for $1$ ship which do you choose? Defend answer and you can reject both$6)$ If you have resources for both ships do you choose both or onlyl or none? Defend your answerPart $2$ independent of part $1$:The Good$-$Ship$-$Lollipop has $2$ divisions. Information about those divisions is as follows:Division A$100000$ unitscapacityvariable cost per unit$$400$Division B$90000$ units$$8000$ plus cost of Division A partRevenue$$900$ per unit$30000$ units at $$1000020000$ units at $$950020000$ units at $$900020000$ units at $$8500$Division A is currently making and selling $100000$ units to an outside vendor for $$700$ each. At the present time Division B can only get the missing part from Division AREQUIREDA$)$ To maximize total company profits how many units does Division B make and sell $?$B$)$ What transfer price do you use for the transfer from A to B$?$C$)$ How do you evaluate division A $($profit$,$ cost$,$ revenue$)?$D$)$ How do you evaluate division B $($profit$,$ cost$,$ revenue$)?$