Assume that your growing interest in the surrounding environment and your strong belief in taking advantage of the available natural resources have motivated you to initiate a talk with the production engineer of Haya on how to set up a project that serves sustainability. You have noticed that the electricity bill had reached $200,000 with the presence of unutilized large areas on the top of the the factory roofs that can be used for a solar system to reduce the electricity bill. After contacting the "contractor" company that installs the solar system services, and after studying the company's financial position, we learned the following: Electricity costs are expected to increase in the coming years by up to 5% annually. The space necessary for installing the solar system is available and can be utilized for that solar project without affecting the current production processes of the factory. The payback period for this project is 3 years and the costs of the project reach $600,000 and are payable over two years. Required: (a) Prepare a summarized management report advising on the adoption of this solar system project. The report should highlight the anticipated financial and non-financial benefits. (15%)