A project where the projected costs and benefits are spread over five years with the following data:

Estimated costs are $100,000 in Year 1 and $25,000 each for years 2, 3, 4, and 5.

Estimated benefits are $0 in Year 1 and $80,000 each for years 2, 3, 4, and 5.

Use a discount rate of 8%

1.Calculate the following:

a. Calculate cash flow

b. Show the discount factor

c. Show discounted costs and discounted benefits

d. Calculate and clearly display the NPV (Net Present Value), ROI (Return on Investment), and year in which payback (break-even point) occurs.