Ursus, Incorporated, is considering a project that would have a tenyear life and would require a $4,500,000 investment in equipment At the end of ten 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.): Sales $ 2,900,000 Variable expenses 1,800,000 Contribution margin 1,100,000 Fixed expenses: Fixed outofpocket cash expenses $ 350,000 Depreciation 450,000 800,000 Net operating income $ 300,000 Click here to view Exhibit 1281 and Exhibit 1282, to determine the appropriate discount factor(s) using the tables provided All of the above items, except for depreciation, represent cash flows. The company's required rate of return is 10%. Required: a. Compute the project's net present value (Round your intermediate calculations and final answer to the nearest whole dollar amount.) b. Compute the project's internal rate of return. (Round your final answer to the nearest whole percent.) c. Compute the project's payback period. (Round your answer to 2 decimal place.) d. Compute the project's simple rate of return. (Round your final answer to the nearest whole percent.) a. Net present value 96 years 96 b. Internal rate of return 0. Payback period d. Simple rate of return