Ursus, Inc. is considering a project that would have a five-year life and would require a $775,000 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 operatin income each year as follows (Ignore income taxes.): $1,900,000 1, see, eee 689, 890 Sales Variable expenses Contribution margin Fixed expenses. Fixed out-of-pocket cash expenses Depreciation Net operating income $350,00 155 B 505. eae 95, eee $ Click here to view Exhibit 138-1 and Exhibit 138-2. to determine the appropriate discount factoris) using the tables provided. All of the above items except for deoreciation represent cash flows. The company's required rate of return is 79 Required: . Compute the project's net present value. (Round your Intermediate calculations and final answer to the nearest whole dollar ameunt. Compute the projects interna rate of return {Round your final answer to the nearest whole percent.) e Compute the project's payback period. (Round your answer to 2 decimal plece.) d. Compare the project's simple rate of return (Round your final answer to the nearest whole percent.) Nepresenta the rate of return imele rate ofre