A coral company is considering to open a new artificial coral product. The company has collected the following information about the cash flows associated with this project:Equipment needed for new product of $40,000, Working capital required for new product of $10,000, Expected annual cash inflow from the sale of artificial coral of $17,000, Expected annual cash expenses associated with the new product of $5,000. The project would be exhausted after 6 years. The equipment would be sold for its salvage value of $10,000 at the end of 6-year period. The company uses straight line method of depreciation. What is net present value (NPV) and Payback Period of the new coral product assuming a 10% cost of capital. * Your