10 The business manager of a healthcare clinic can invest $250,000 in a new information system that provides a portal for doctor-patient-pharmacy communications and consolidates all medical and pharmaceutical records. As a result of automation and streamlined data storage, the system will reduce labor costs and increase net operating cash flows after taxes by $75,000 in the first year. The net operating cash flows are expected to increase by a 2% inflation rate for each year after the first year. The information system has an expected useful life of 5 years with zero salvage value. The required return for projects of this risk class is 8%. a) Draw a time line to illustrate the project. b) What is the net present value for the project? Write a mathematical equation for the net present value. data storage, the system wll reows arxpected to increaseay wt lvage c What is the internal rate of return for the project? Write a mathematical equation for the internal rate of return. d) What is the payback period for the project? Provide a table with project cash flows and cumulative cash flows to illustrate how you calculate the payback period. Should you invest in the new information system? In one sentence state why