A project proposal has the following estimated cash flows:

Year $0$ Year $1$ Year $2$ Year $3$ Year $4$ Year $5$ Year $6$

Initial outlay $ $760,000$

Sales $ $460,000$ $ $480,000$ $ $540,000$ $ $585,000$ $ $415,000$ $ $330,000$

Variable cash expenses $ $138,000$ $ $144,000$ $ $162,000$ $ $175,500$ $ $124,500$ $ $99,500$

Fixed cash expenses $ $85,000$ $ $95,000$ $ $105,000$ $ $115,000$ $ $125,000$ $ $135,000$

Taxes $ $66,900$ $ $74,400$ $ $81,900$ $ $89,400$ $ $51,750$ $ $33,000$

After tax disposition value $($positive$)$ $ $305,000$

Some of these cash flows are positive $($inflows$)$ and some are negative$($outflows$).$ Use what you know about the nature of sales, expenses, and taxes to determine if they are positive $($inflows$)$ or negative $($outflows$).$ After doing so please calculate your total cash flows and then use a $7\%$ cost of capital to calculate:

Please provide the calculation formulas and the actual results of each value not just the explanation of what each value means

f$.$ The net present value and explain what this number means.

g$.$ The profitability index and explain what this number means.

h$.$ The internal rate of return and explain what this number means.

i$.$ The payback period and explain what this number means.

j$.$ The present value payback period and explain what this number means.