All information for this question is provided in the screen shots. Needs both questions answered please. The 52,880 is not correct

Den-ick lyerson is a divisional manager for Holston Company. His annual pay raises are largely determined by his division's return on investment {ROI}, which has been above 20% each of the last three years. Daniel: is considering a capital budgeting project that would require a $4,450,000 investment in equipment with a useful life offlve years and no salvage value. Holston Company's disoount rate is 10%. The project would provide not operating income each year for ve years as follows: Sales $3,000,000 'vhriable expenses 1,050,000 Contribution margin 2,150,000 Fixed expenses: Advertising, salaries. and other xed cut-ofpooltet costs $T10.000 Depreciation T10.000 Total xed expenses 1,420,000 Net operating income $ T30,000 Click here to view Exhibit 133-1 and Exhibit 133-2r to determine the appropriate discount factoris} using tables. Required: 1. Compute the project's net present value. [Ron nd discount factorial: to 3 decimal places, intermediate calculations and nal answer to the nearest dollar amount.) $ 52.330 2. Compute the project's simple rate of return. (Round your answer to 1 decimal place. l.e. 0.123 should be oonsidered as 12.3%.] -I