A business plans to invest Rs. 600 lakhs in a new production facility. The expected earnings before depreciation and taxes over the next six years are:

Year	Earnings (Rs. in lakhs)
1	150
2	170
3	190
4	210
5	230
6	250

The cost of capital is 14%, and the depreciation rate is 10% on a straight-line basis. The facility is expected to have a salvage value of Rs. 80 lakhs at the end of six years.

Required:

1. Calculate the net present value (NPV) of the project.
2. Compute the internal rate of return (IRR).
3. Determine the depreciation expense for each year.
4. Assess the project's payback period.
5. Decide if the project should be undertaken based on financial metrics.