A company is considering expanding its operations to also provide the delivery function. The total cost of the electric delivery vans will be $4,750,000 and it is expected they will be used for 3 years. At the end of 3 years, it is estimated the delivery vans will be sold for $1,600,000. A one-off purchase of $300,000 for a charging station for electric vehicles will be required at the time of purchase. The annual maintenance cost per vehicle will be $100,000 as per the agreement. It is estimated additional labour, training, and administration costs will be $3,750,000 each year but annual savings in the transportation costs paid to outside suppliers are expected to be $2,500,000. Additional revenue of $2,300,000 will be generated from customers because of this service. Assume a discount rate of 8% and all cash flows occur at the end of each year. Ignore any tax implications. Required i) Calculate the net present value and provide a recommendation to management as to whether the project should proceed (3 marks) ii) Stakeholder grid is a very popular tool used in stakeholder management. outline the benefits offered by this tool. (2 marks)