Coca-Cola is considering investing in a new bottling plant. The initial investment required is $6,500,000. The plant is expected to generate the following annual cash inflows:

Year	1	2	3	4	5	6
Cash Inflows ($)	1,200,000	1,300,000	1,400,000	1,500,000	1,600,000	1,700,000

The company uses a discount rate of 12%. The plant has an estimated salvage value of $500,000 at the end of its 6-year life. The corporate tax rate is 25%.

Required:

1. Calculate the net present value (NPV) of the investment.
2. Compute the internal rate of return (IRR).
3. Determine the payback period for the investment.
4. Assess the impact of the salvage value on the project's profitability.
5. Evaluate the sensitivity of the project's NPV to changes in annual cash inflows.