This requires you to analyze a potential project using financial tools and present your findings to the executive leadership team in a one$-$page Executive Summary. You will need to assess the project's viability and make a final recommendation on whether the company should pursue it$.$Your company is considering a new project with an initial investment of $$300,000.$ The project is expected to generate cash flows over a seven$-$year period, as detailed in the project information below. Project details:The executive leadership team has provided two questions they would like you to address in your Executive Summary:$1.$ Assuming we discount inflation, what is the Internal Rate of Return $($IRR$)$ of this project over a seven$-$year span?$2.$ Given the calculated IRR, and assuming we can earn $7\%$ by investing in alternative securities$,$ would you recommend that we pursue the project? Why or why not?Step One:Utilize the financial tools and concepts to analyze the project's cash flows.Step Two:Calculate the project's IRR using a financial calculator or spreadsheet software.Step Three:Develop a one$-$page Executive Summary that clearly addresses the leadership team's questions. $*$ Briefly explain the concept of IRR and its significance in project evaluation. $*$ Include your calculated IRR for the project. $*$ Based on the IRR and the alternative investment opportunity $(7\%$ return$),$ provide a recommendation on whether to pursue the project and justify your reasoning. $*$ Use clear and concise language suitable for a business audience.$*$ Focus on the key financial aspects of the project relevant to the leadership team's decision$-$making.$*$ Organize the Executive Summary in a logical and easy$-$to$-$follow format.$*$ Proofread your document carefully before submission.$\backslash$table$[[$Year$,$Cash Flow $($Amount$)],[1,$$$25,000],[2,$$$50,000],[3,$$$35,000],[4,$$$120,000],[5,$$$130,000],[6,-$$$25,000],[7,$$$110,000]]$