A tech company is evaluating an investment in a new software system costing $900,000. The system has a projected life of 5 years and no salvage value. The system is expected to generate annual net operating income after depreciation of $250,000. The tax rate is 20%. Discount rates and cumulative factors are:

Discount Rate	Cumulative Factor
11%	3.696
13%	3.517
15%	3.352
17%	3.198
19%	3.054

Tasks:

1. Compute the annual depreciation.
2. Calculate the annual net cash flow after tax.
3. Determine the NPV at each discount rate.
4. Find the IRR.
5. Conclude on the feasibility of the investment based on the results.