Assume the of the cost of a $4$ year bachelor's degree at the university of hawaii costs $$128,000.$ Asume additional costs of $$16,000$ for an additional fifth year of education to get Master's degree. Assume that all tuition is paid at the beginning of the year. A student considering this investment must evaluate the present value of cash flows from possessing a graduate degree versus holding only the undergraduate degree. Assume that the average student with an undergraduate degree is expected to earn an annual salary of $$55,000$ per year $($assumed to be paid at the end of the year$)$ for $10$ years. Assume that the average student with a graduate Masters degree is expected to earn an annual salary of $$76,000$ per year $($assumed to be paid at the end of the year$)$ for nine years after graduation. Assume a minimum rate of return of $10\%.1.$ Determine the net present value of cash flows for the cost of education based on a $10\%$ rate from the undergraduate degree. $2-$ Determine the net present value of cash flows from an undergraduate degree $($Use a present value table$)3-1.$ Determine the net present value of cash flows for the cost of education based on a $10\%$ rate from the undergraduate degree. $4-$Determine the net present value of cash flows from a Masters degree, assuming that no salary is earned during the graduate year of schooling. $5-$Calculate and compare the net advantage or disadvantage of pursuing a graduate degree under these assumptions.