A project has equipment requirements that will cost $150,000 installed. NWC of $50,000 will also be required. The project is replacing old equipment that can be sold for $25,000, book value 0. If accepted, each year the project will generate new revenues of $250,000, and new expenses of $125,000. The equipment will be depreciated as a 3 year asset under MACRS. The useful life is 5 years. The new equipment has an estimated salvage value of $20,000. The company's tax rate is 40%. a. What is the NINV for the project? b. Calculate the NPV, IRR, MIRR and Pl for the project, if your required rate is 12%? c. Perform a best case/worst case scenario analysis for this project, assuming revenues may vary by +/- 10%. How significant do you believe this risk analysis is on the acceptability of the project