ursus inc, is considering a project that would have a five year life

Ursus, Inc, is considering a project that would have a five-year hfe and would require a $600,000 investment in equipment At the end of five years, the project would terminate and the equipment would have no salvage value. The project would provide net operating income each year as follows (Ignore income taxes) $3,900,000 1,300,000 600,000 SNES Variable expense Concitation Marin Yuxed expenses Fixed out-of-pocket cash expetes DeprecLOD Ster operate income 5400,000 220,000 520000 30,000 Click here to view Exhibit 128 1 and Exhibit 128-2 to determine the appropriate discount factors) using the tables provided All of the above items, except for depreciation represent cash flows. The company's required rate of return is 7% Required: * Compute the project's not present value. (Round your intermediate calculations and final answer to the nearest whol dollar amount.) b. Compute the project's internal rate of retum (Round your final answer to the nearest whole percent) cCompute the project's payback period (Round your answer to 2 decimal places) d Compute the project's simple rate of return (Round your final answer to the nearest whole percent) CU % a. Net present value b. Internal rate of return Payback period d. Simple rate of return C. years