● Q Ltd. is considering an investment proposal which will require an initial investment of `2,80,000 in fixed facilities and an additional `40,000 as Working Capital. The project is expected to generate Cash Flow before tax of `1,20,000, `1,00,000, `85,000, `95,000, `90,000 respectively over its 5 year lifetime. The estimated scrap value of the project is `25,000. Tax rate applicable for the company is 40% and Cost of Capital is 10% p.a. Calculate the Net Present Value of the project and advise the management on its acceptability.