Assume that a project has total benefits of $4,275,000 and a total cost of $2,341,000 with depreciation of $1,200,000, and a useful life of 5 years. Calculate the net benefit for this project.

Assume that the organization needs to invest an additional $1,000,000 of money in the project over its lifetime. Calculate the Accounting Return on Investment (ROI) for this project.

Make sure to show your work and to give reasons for your answers.