A grocery store owner in Vancouver, British Columbia, Mr$.$ Specter has been very successful for over $35$ years. Mr$.$ Specter is considering a neglected ice cream store that has been up for sale in Metro Vancouver. Mr$.$ Specter asked for you to review this as a consultant. Mr$.$ Specter provided you with the following information. A replacement ice cream machine is worth $$500,000$ with expected life is $5$ years. new ice cream machine will rejuvenate the store; however, the store will take time to improve its sales. Sales after first year acquisition is $100,000$ ice creams$/$year with $10\%$ increase year over year. The ice cream at Earnest is at $$5/$ ice cream. Ice cream price is expected to rise by $1\mathrm{.}5\%$ per year due to inflation. In terms of cost variable cost is expected to be $35\%$ of the price, the cost is expected to increase by inflation as noted above. Mr$.$ Specter will require a new employee to run the store. The salary is minimum wage per hour for $40$ hours a week, these are also expected to increase by inflation. Given that the ice cream store will require marketing, digital marketing company has quoted $$10,000/$ year expected to increase by inflation. Mr$.$ Specter does not have a return on a similar risk investment and is asking for your advice. Calculation and analysis of NPV$,$ IRR and Payback Period. SHOW CALCULATION STEPS