ABC Manufacturing is considering a new project with the following cash flows:

Initial Investment: $100,000

Year 1 Cash Flow: $30,000

Year 2 Cash Flow: $40,000

Year 3 Cash Flow: $50,000

Year 4 Cash Flow: $60,000

Requirements:

Calculate the payback period.

Determine the net present value (NPV) assuming a discount rate of 10%.

Compute the internal rate of return (IRR).

Assess the profitability index.

Evaluate the viability of the project.