$(60$ pts$)$ Cody Jackson plans importing olives to sell to restaurants and specialty stores. This venture will require an initial outlay of $$537,800$ to buy a refrigerated storage unit, which can be depreciated $($straight$-$line$)$ to a salvage value of $$140,000$ in $15$ years. In addition, she will need $$80,000$ in working capital during the $15$ years of the project. Annual sales are estimated to be $$250,000$ and annual expenses $$150,000.$ She also estimates that the marginal tax rate and RRR will be $28\%$ and $8\%,$ respectively, during the lifetime of project. Using the given information, answer the following questions

a$.$ What is the depreciation amount each year?

b$.$ What is the net cash flow associated with the venture at year $1?$

c$.$ What is the amount of tax payment at year $8?$

d$.$ What is the net present value $($NPV$)$ of the proposed project?

e$.$ What is the IRR of the project?

f$.$ Should the company accept the project? Justify your answer by using the IRR of the project.

g$.$ Calculate the net present values of the project $($NPV$)$ at the different RRR$.$ The RRR starts from $0\%$ and increases by $2\%$ until $20\%.$ Paste to the "answer" sheet only the NPV at $10\%.$

h$.$ Using the answers in the question g$,$ draw a chart that shows the NPV of the project at different levels of cost of capital. Don't forget to give appropriate title and labels of $x$ and $Y$ on the chart.