Adelina Corporation used to accept investment opportunities that yielded discounted returns of 12%. With an increasing cost of capital, the company is now expecting an 18% discounted rate of return. One project with the following pertinent data are to be evaluated: Net investment P1,890,000 Estimated economic life Estimated annual returns before depreciation & tax P600,000 6 years Depreciation is to be deducted by the SYD formula. Assume that the entire net investment is subject to depreciation with no estimated scrap value. Use a tax rate of 30%. REQUIRED: Compute for the following, in separate sheets. Final answers will be transferred to your answer sheet, along with Test I and II. Erasures and alternations are not allowed in the answer sheet. Round answers to nearest peso. 1. Net returns (Year 1) 2. Net returns (Year 2) 3. Net returns (Year 3) 4. Net returns (Year 4) 5. Net returns (Year 5) 6. Net returns (Year 6) 7. Payback period (round to 3 decimals) 8. Discounted rate of return (round to 3 decimals) 9. Net present value 10. Profitability index (round to 3 decimals)