asey Nelson is a divisional manager for Pigeon Company His annual pay faises are largely determined by his division's return on ivestment (ROI), which has been above 20% each of the last three years Casey is considering a capital budgeting project that would equire a $3,600,000 investment in equipment with a useful life of five years and no salvage value. Pigeon Company's discount rate is 6%. The project would provide net operating income each year for five years as follows: Click here to view Exhibit 78 -1 and Exhibit78-2. to determine the eppropnate discount factor(s) using tobles Required: 1. What is the project's net present value? 2. What is the project's internal rate of return to the nearest whole percent? 3. What is the project's simple rate of return? 4-a. Would the company want Casey to pursue this investment opportunity? 4-b. Would Casey be inclined to purtue this investment opportunity? Complete this question by entering your answers in the tabs below. What is the project's net present value? Noter Round your final answer to the nearest whole dollar amount